SOCAR will serve as the operator of Zone I, holding a 33.34% stake, with BP and NewMed Energy each holding 33.33%. The Israeli government views this agreement as a key move to strengthen domestic ...

Sources have informed Globes that SOCAR, as the operator in a consortium with British Petroleum (BP) and Yitzhak Tshuva's NewMed Energy to search for gas in Block I in the northwest of Israel's ...

bp on behalf of its co-venturers in the Azeri-Chirag-Gunashli, Baku Tbilisi-Ceyhan, Shah Deniz and South Caucasus Pipeline ...

BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry ...

JERUSALEM (Reuters) - Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to ...

BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry announced on ...