8 Hrs
Source:
المشهد
Israel clears US oil hunt
U.S. company Murphy Oil has been awarded six oil and gas exploration licenses in Zone G, off the coast of Israel. The area covers approximately 1,700 square kilometers, about 25 kilometers southwest of the Leviathan field. A Murphy subsidiary will operate the licenses and hold a 50% stake, with Israeli company Ratio Energies holding the other half. The two companies are working together to assess the area’s exploration potential.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)