ExxonMobil Considers Entering Israel's Offshore Gas and Oil Exploration Tender
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Maariv · 6 hours ago
What happened
ExxonMobil is considering joining Israel's latest offshore gas and oil exploration tender, potentially partnering with Energean. The tender reflects growing international confidence in Israel's energy sector, which still holds significant but scattered gas reserves. Energean is prioritized in the tender, while Chevron and NewMed Energy are excluded. In 2025, Israel earned nearly 2 billion shekels in royalties from gas production, mainly from Leviathan, Tamar, and Karish fields.
- 01ExxonMobil is exploring participation in Israel's fifth offshore gas and oil tender.
- 02Energean, current Karish producer, may partner with ExxonMobil in the tender.
- 03Tender excludes Chevron and NewMed Energy, partners in Leviathan field.
- 04Israel's offshore waters hold hundreds of BCM of gas, with low chance of large new finds.
- 052025 gas royalties totaled 1.98 billion shekels, mainly from Leviathan, Tamar, and Karish.
- 06Over 70% of Karish royalties come from domestic gas supply; most Leviathan gas is exported.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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