Israel
· Delayed Price · Currency is ILS · Price in ILATLV: NWMD Company Description
NewMed Energy - Limited Partnership engages in the exploration, development, production, and sale of petroleum, natural gas, and condensate in Israel and Cyprus.
The company holds interests in the Leviathan project, which covers an area of 500 square kilometer (km2) located to the west of the shores of Haifa; the Block 12 that covers an area of approximately 386 km2 located in Cyprus; and the Yam Tethys project, located to the west of the shores of Ashkelon.
It also holds interests in the Boujdour Atlantique exploration license that covers an area of approximately 33,812 km2 located in the south of the Moroccan exclusive economic zone; and the Tanin and Karish leases covering an area of approximately 500km2 located to the west of the shores of Nahariya.
The company serves independent power producers, marketing companies, and industrial customers, as well as exports natural gas to Jordan and in Egypt.
NewMed Energy Management Ltd. serves as the general partner of the company. The company was formerly known as Delek Drilling - Limited Partnership and changed its name to NewMed Energy - Limited Partnership in February 2022.
NewMed Energy - Limited Partnership was incorporated in 1993 and is based in Herzliya, Israel.
| Country | Israel |
| Founded | 1993 |
| Industry | Oil & Gas Exploration & Production |
| Sector | Energy |
| Employees | 23 |
| CEO | Yossi Abu |
Contact Details
Address: 19 Abba Even Boulevard Herzliya, 4672537 Israel | |
| Phone | 972 9 971 2424 |
| Website | newmedenergy.com |
Stock Details
| Ticker Symbol | NWMD |
| Exchange | Tel Aviv Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | IL0004750209 |
| SIC Code | 1311 |
Key Executives
| Name | Position |
|---|---|
| Yossi Abu | Chief Executive Officer of NewMed Energy Management Ltd |
| Tzachi Habusha | Vice President of Finance and Chief Financial Officer of NewMed Energy Management Ltd |
| Sherry Singer Kaufman | Senior Vice President and General Counsel of NewMed Energy Management Ltd |
| Dr. Zvi Karcz | Vice President of Exploration and Chief Geologist of NewMed Energy Management Ltd |
| Guil Bashan | Principal Analyst and Director of Investor Relations of NewMed Energy Management Ltd |
| Nadav Perry | Vice President of Regulatory and Public affairs of NewMed Energy Management Ltd |
| Yehuda Bruker | Chief Engineer of NewMed Energy Management Ltd |
| Shiran Bozikovsky | C.I.S.O of NewMed Energy Management Ltd |
| Eviatar Arviv | Managing Director of New Ventures and Country Manager |
| Lior Cohen | Financial Controller of NewMed Energy Management Ltd |