27 April 2024
Israel’s first competitive E&P tender disappoints after attracting only two bidders
Publication date: 16 November 2017
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Israel has concluded its first ever competitive exploration tender, with Energean and a consortium of Indian companies the only two bidders in the round that offered 24 blocks, the country’s energy ministry confirmed on Thursday.
The low interest is likely to disappoint officials in Israel, who have been marketing the round with a worldwide “roadshow” ...