The Israeli energy company Delek of billionaire Yitzhak Tshuva acquires interests in various oil and gas fields in the British part of the North Sea. For this a deal was concluded with the American oil and gas group Chevron, which has a value of approximately 2 billion dollars.
Chevron North Sea is housed in the Delek division Ithaca Energy, which operates oil and gas fields. The transaction is likely to be completed in the third quarter and still requires regulatory approval.
This includes interests in the Captain, Alba, Erskine, Alder and Britannia platforms. Chevron’s interest in Clair, which is run by BP, has not been included in the transaction. Delek recently purchased nearly 22.5 percent of Shell’s interest in the Caesar-Tonga oil field in the Gulf of Mexico for nearly a billion dollars.
Since the discovery of the largest gas reserves in Israel, Delek has been investigating a listing on the London stock exchange. On Thursday, the company announced Ithaca, originally British, which it acquired in 2017, to be listed in the British capital.