NewMed Energy

NewMed Energy is Israel’s leading energy partnership in the exploration, development, production and sale of natural gas and condensate. The partnership previously named “Delek Drilling” is a subsidiary of the Delek Group. NewMed Energy holds 45.34% of the Leviathan Reservoir, the largest gas reservoir in the Mediterranean, the Leviathan gas production serves as a key source of energy for the State of Israel and the countries of the region. In accordance with its strategic policy, in the coming years NewMed Energy will invest in the development of new technologies to produce energy from alternative sources: production of blue hydrogen alongside carbon capture and storage, promotion of renewable energy projects, and more. NewMed Energy works to bring independent and readily available energy to the residents of the Eastern Mediterranean, energy which will lead to an immense reduction of pollutant and greenhouse gas emissions, energy which will succeed in building bridges for collaboration between the Middle East countries – energy which changes reality.