Partnerships between UAE Companies Mubadala and Abu Dhabi National Oil Company (ADNOC) with Israeli Company New Med Energy, Active in the Israeli Gas Supply Chain

A study on companies from the Islamic world involved with this company revealed collaborations between UAE companies Mubadala and ADNOC with New Med Energy. In December 2021, Mubadala Petroleum acquired 22% of the shares in Delek Drilling LP for a value of $1.025 billion. Share Purchase Details Mubadala stated that the acquisition enhances its gas […]

New Med Energy: A Bottleneck in the Supply Chain of the Israel’s Gas

New Med Energy (NWMD), previously known as Delek Drilling, is an Israeli gas company involved in the exploration, development, and production of natural gas and condensates. This company, which is a subsidiary of the Delek Group, was established by Avinoam Finkelman following an agreement signed on July 1, 1993, between Delek Drilling Management Ltd and […]