Noble, Delek asked to commit to Dolphin development

Noble, Delek asked to commit to Dolphin development

Israel’s Delek Group has informed that it has been given until August 1 to provide a final commitment to developing the Hanna block in the Mediterranean Sea, containing the Dolphin natural gas reservoir.

The company said on Wednesday that Israel’s Petroleum Commissioner has filed the request in response to Delek and Noble Energy’s previous application to the government to recognize the Dolphin natural gas reservoir as a discovery.

The reservoir was discovered back in 2011, some 100 kilometers west of Haifa, and according to Noble Energy’s 2015 annual report, Noble and its partners were reviewing development scenarios for this discovery, including a potential tieback to the nearby Leviathan.

According to Delek’s statement on Wednesday, the Petroleum Commissioner informed that if the license partners provide by August 1, 2016 an irrevocable commitment to develop the Hanna license together with Phase 1 of the Leviathan field as well as a plan of the requested area to be declared as a discovery, they will then be granted a lease during the four months following (namely by December 1, 2016), and this is in order for the development of this lease to be completed by the end of 2019.

Responding to the request, Delek Group said: “The license partners are of the opinion that they have found a discovery that entitles them to receipt of a lease in accordance with the provisions of the Petroleum Law. It is the Partnerships’ intention to continue to interact with the Commissioner to obtain a lease and to fix a timetable for development of the field, taking into account inter alia the characteristics of the field and the applicable markets, as is usual in the oil and gas industry around the world, in accordance with the provisions of the Petroleum Law.”

Share this article

Follow Offshore Energy Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Nigeria Oil & Gas Conference & Exhibition 2019

The annual meeting once again proved to be a great success, gathering over 700 industry professionals…

read more >

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply