Greek player Energean Oil & Gas has secured the $148 million acquisition of the Karish and Tanin offshore gas fields from Israel’s Delek Drilling and Avner, after landing the approval of the Petroleum Council of Israel, which gave the deal the official green light.
Energean will now proceed towards completion of the transaction, and then it plans to submit to the Israeli authorities a field development plan for both fields in mid-2017, it said.
The
