Business Description
NewMed Energy is an Israeli energy partnership focused on finding, developing, and selling natural gas, condensate, and oil across the Middle East and North Africa. The company holds stakes in several offshore projects spanning Israeli, Cypriot, and Moroccan waters, with its most notable asset being the Leviathan gas field off the coast of Haifa. It supplies natural gas to power producers, industrial buyers, and trading companies, and exports to customers in Jordan and Egypt. Founded in 1993 and headquartered in Herzliya, Israel, the company operated under the name Delek Drilling until early 2022.
