Israel hands out 20 new exploration licences

Feb 25, 2009 01:00 AM

Israel's offshore play is set to become a hive of activity after the country's Crude Oil Council handed out 20 new exploration licences. The council said 54 % of Israel's territorial waters is now earmarked for exploration.
Following the success of the Tamar-1 find, the council, a division of the National Infrastructure Ministry, recommended further exploration. The council also recommended issuing a licence to Negev Oil & Shale to produce shale oil in the Rotem area in the country's south.

All licences must be approved by the minister and the relevant legal authorities within the ministry, a report said.

Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

read more ...
« July 2020 »
July
MoTuWeThFrSaSu
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 31

Register to announce Your Event

View All Events