Ithaca Energy, a fully-owned subsidiary of Delek Group, has wrapped up the previously announced $1.46 billion acquisition of Scotland-based oil and gas company Siccar Point Energy. The deal, which was announced in April 2022, is expected to help Ithaca Energy become a major exploration and production (E&P) operator in the UK North Sea. The combined […]
Energy acquisition news : Shell Offshore, a subsidiary of Royal Dutch Shell, has wrapped up its previously announced $965 million sale of 22.45% stake producing Caesar Tonga oil field in the US Gulf of Mexico to Equinor’s subsidiary Equinor Gulf of Mexico. Originally, Shell signed a deal with Israel’s Delek Group to sell its non-operated […]
Oil and gas industry news : Delek Group has agreed to acquire a stake of 22.45% in the producing Caesar Tonga oil field in the US Gulf of Mexico from Royal Dutch Shell’s subsidiary Shell Offshore for $965 million in an all-cash deal. The transaction will mark the exit of Shell from the Caesar Tonga […]