UAE: Adnoc links up with BP to buy into Israel's Leviathan field

Issue 1167 - 05 Apr 2023 | 2 minute read

Abu Dhabi National Oil Company (Adnoc) has partnered with British major BP in a bid to buy 50% of Israel’s NewMed Energy, the largest shareholder in the Leviathan gas field offshore Israel. The deal was presented by the partners as a first step in a potentially broader eastern Mediterranean play.

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