About NewMed Energy - Limited Partnership
NewMed Energy - Limited Partnership specializes in the exploration, development, production, and sale of petroleum, natural gas, and condensate across Israel, Jordan, and Egypt.
Key Projects & Interests
- Leviathan Project: Covers 500 km² west of Haifa's shores.
- Block 12: A 386 km² area located in Cyprus.
- Yam Tethys Project: Situated west of Ashkelon's shores.
- Boujdour Atlantique: An exploration license spanning 33,812 km² in Morocco's southern exclusive economic zone.
- Tanin & Karish Leases: Covering 500 km² west of Nahariya's shores.
Customer Base & Operations
The company serves:
- Independent power producers
- Marketing companies
- Industrial customers
Additionally, NewMed Energy exports natural gas to Jordan and Egypt.
Corporate Background
Formerly known as Delek Drilling - Limited Partnership, the company rebranded to NewMed Energy - Limited Partnership in February 2022. It was incorporated in 1993 and is headquartered in Herzliya, Israel. NewMed Energy Management Ltd. acts as its general partner.