NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black ...

Azerbaijan and Israel have a strong strategic alliance covering a wide range of areas including not only energy, but also ...

As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...

Israel awarded gas exploration licenses to a consortium that includes Azerbaijan’s energy conglomerate SOCAR, bp, and ...

BAKU. March 19 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) will hold a 33.34% stake in a consortium with Israel's NewMed Energy and the UK's BP Plc in an offshore project in ...

The Azerbaijan State Oil Company (SOCAR) was awarded exploration rights by Israel in 2023. However, progress in the ...

BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy ...

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned for later in the year.

Israel awarded licenses to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore natural gas ...

Deepwater area is now in the hands of Socar, BP and NewMed, with Eni waiting in wings to have its fourth-round bid formalised ...

BAKU. March 17 (Interfax) - A consortium of the State Oil Company of the Azerbaijani Republic (SOCAR), BP Plc and Israel's NewMed Energy received licenses for gas exploration in Israel's exclusive ...

Israel and Azerbaijan to ink strategic energy agreement The Caucasus nation’s state oil company will explore for natural gas ...