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Newmed Energy

  • Thursday, 7 August, 2025
    Israeli group strikes $35bn natural gas deal with Egypt despite Gaza conflict

    Flows from Israel’s Leviathan field will nearly triple by 2029 in what NewMed chief calls a ‘win-win’

    An Israeli flag flutters in the foreground as the production platform of the Leviathan natural gasfield is seen in the Mediterranean Sea
  • Wednesday, 13 March, 2024
    BP PLC
    BP and Abu Dhabi suspend talks to buy stake in Israeli gasfield

    Talks with Tel Aviv-listed NewMed paused because of ‘uncertainty created by the external environment’

    The production platform of the Leviathan natural gasfield off the coast of Israel
  • Tuesday, 28 March, 2023
    BP PLC
    BP teams up with Abu Dhabi oil group in bid for Israel’s NewMed

    UK energy major and Adnoc plan joint venture to pursue projects in eastern Mediterranean

    A BP petrol station in London
  • Wednesday, 15 February, 2023
    Capricorn Energy
    Capricorn terminates NewMed merger after activist pressure

    Energy group formerly known as Cairn scraps second combination deal in less than 6 months

    An energy plant owned by Capricorn in Egypt’s Western Desert region
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