Tamar Field Partners See Deal With Fenosa within 6 Months

On Thursday, partners in the Tamar field agreed with Union Fenosa Gas (UFG) on continuing negotiations for supplies of natural gas.  

‘The Partnerships are pleased to update that on November 5, 2014, the Tamar Partners together with UFG agreed to extend the above mentioned period in order to continue negotiation which is in advanced stages towards completion and signing of the Binging Agreement,’ reads the note released on Thursday.

The partners in the field are Noble Energy Mediterranean (36.00%), Isramco Negev 2 (28.75%), Avner Oil Exploration (15.625%), Delek Drilling (15.625%), Dor Gas Exploration (4.00%). 

In October, US-based Noble Energy and Israel-headquartered Delek Group announced their intention to sign an export deal with Egypt. 

Also on Thursday, RWE appointed Paul van Son as Country Chair in Dubai to increase the German company’s presence in the MENA/Turkey region from January 2015. 

‘This increased involvement in the region will be a key component of international business development for RWE. Paul van Son will report directly to the CEO of RWE AG,’ the company wrote on its website.