Delek’s NewMed Energy signs Morocco energy exploration deal

Categories: Projects & Energy

Delek Group Ltd. Mediterranean energy exploration unit NewMed Energy, formerly Delek Drilling, and Moroccan energy company Adarco have signed agreements for oil and natural gas exploration and production activities in the Boujdour Atlantique exploration license, which is situated in the Atlantic Ocean off the coast of Morocco.

Agmon & Co., Rosenberg Hacohen & Co.’s Dan Hacohen is representing NewMed Energy with associate Rebacca Baskin Tzafrir.

Read more in Times of Israel.