Energean announces new gas discovery off Israeli coast

Energean plc announced on Monday the discovery of a commercially viable deposit of natural gas, containing an estimated 13 billion cubic meters (bcm), at its Zeus-01 drilling site located off Israel’s coast, the company said in a statement. A post-well analysis of the find is currently being conducted. The statement added that an audit of […]

Israel, Jordan Sign Historic Gas Deal

Israel became Jordan’s largest gas supplier Monday, when the country’s Leviathan gas consortium signed a $10 billion deal with the Hashemite Kingdom providing it with approximately 45 billion cubic meters of gas from the Leviathan gas field off Israel’s Mediterranean Coast.