Delek targets London listing
The company is looking to establish a newco on the LSE, while also divesting its Tamar stake
Israeli producer Delek Drilling filed a request in early December to list a new company on the London Stock Exchange (LSE) in a move built upon buoyant investor interest in its giant Leviathan gas field and the broader East Mediterranean gas play. The move comes as the company has 12 months to reduce to zero its 22pc working interest in the Tamar gas field in order to comply with local anti-monopoly regulations. Delek Drilling’s other assets comprise a 45pc stake in the Leviathan gas field, 30pc of Cyprus’ 3.5tn ft³ Aphrodite gas field, a stake in the EMG pipeline, as well as the New Ofek and New Yahel licences onshore Israel. It will also receive royalties from the Israeli Karish and Tanin
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
