NewMed Energy announces a merger agreement with Capricorn

Creating the Leading East Mediterranean Energy Company

NewMed Energy has announced the proposed combination with Capricorn Energy PLC. For more information, including access to the press release and presentation to analysts and investors, please click here:

Learn More

About Us

Energizing the Future

NewMed Energy is Israel’s leading energy partnership in the exploration, development, production and sale
of natural gas and condensate. The partnership was founded in 1993 as “Delek Drilling”, a subsidiary of the Delek Group.
In February 2022, as part of its expansion of operations in the Middle East and its entry into other areas of business,
the partnership decided to change its name to NewMed Energy.

It is not often that a business can say that its actions and operations have changed the course of history,
but that’s precisely the story of NewMed Energy.

Learn More

Operations

Leviathan: A Regional Energy Anchor

NewMed Energy holds 45.34% of the Leviathan Reservoir, the largest gas reservoir in the Mediterranean. The gas produced from Leviathan serves as a key source of energy for the State of Israel and the countries of the region.

Learn More

Regional Ties

NewMed Energy believes that collaborations in the natural gas sector can be a bridge to peace and prosperity, and a commitment to promoting stability and good neighborly relations in the region. In view of this, NewMed Energy sees great value in promoting commercial collaborations with bodies and companies in the Middle East.

Learn More

Alternative Energies

As a leading energy partnership, NewMed Energy exploring and investing in major projects of renewable energy in attractive regions globally. Our knowledge, capabilities, professionalism and our developed relations with the regional market shall assist us in developing to a diversified sustainable energy company.

Learn More

Sustainability

Commitment to a Long Term ESG Strategy

NewMed Energy strive to conduct ourselves with integrity, reliability, mutual respect and responsibility; to be a leader and a force for innovation and positive change in the areas of our operations. We believe that we can, through our operations, affect meaningful and material improvements in the environment, in air quality and climate, in the reliability and security of energy, and in linkages with stakeholders in the Middle East and beyond.

Learn More

Subscribe to Updates

    We hate spam too! And will never share or sell your email or contact information with anyone