UAE energy firm secures 22-pct stake in Israeli offshore gas field: ministry
JERUSALEM — Mubadala Petroleum of the United Arab Emirates (UAE) has secured a 22-percent stake in the Tamar gas field off the northern coast of Israel, the Israeli Ministry of Energy said Thursday. The stake was bought by the UAE company from the Israeli energy company Delek Drilling for 1.1 billion U.S. dollars, following a … Read more