Israel Licensing | Israel 4th Offshore Bid Round attracts Majors and NOCs

November 1, 2023

On Sunday 29th October, the Israel Ministry of Energy and Infrastructure announced the results for two zones in the 4th Offshore Bid Round, launched in December 2022. Four zones (E, G, H, I) were offered. Zone G has been awarded to a consortium comprising Eni (operator), Dana Petroleum, and Ratio Energies, while Zone I goes to a SOCAR (State Oil Company Azerbaijan Republic) (operator), bp, and NewMed Energy consortium. Zone E and H awards will be announced at a later date.