Participates in offshore petroleum exploration and development and intends to earn from marketing its share of the natural gas, crude oil and liquids produced from any commercial discovery it brings onstream.
Geographic Exposure
IsraelN/A
Revenue Drivers
End Markets
Electricity generators
Industrial energy consumers
Private fuel consumers
Natural gas export buyers
Specializations
Offshore natural gas exploration licences and leasesCross-border reservoir unitization and compensation arrangementsJoint operating agreements with experienced international operatorsFarm-out of participation interests with buy-back optionsLifting arrangements for taking produced hydrocarbons in kind
Activities
Oil and gas exploration
Petroleum asset development
Acquisition of exploration and lease rights
Participation in joint drilling and development operations
Israel Opportunity - Energy Resources (ISOP) | ACE