NewMed Energy - Limited Partnership (TLV:NWMD)
Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
1,556.00
-12.00 (-0.77%)
Jul 17, 2025, 5:24 PM IDT

NewMed Energy - Limited Partnership Company Description

NewMed Energy - Limited Partnership engages in the exploration, development, production, and sale of petroleum, natural gas, and condensate in Israel, Jordan and Egypt.

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.

NewMed Energy - Limited Partnership
CountryIsrael
Founded1993
IndustryOil & Gas Exploration & Production
SectorEnergy
Employees23
CEOYossi Abu

Contact Details

Address:
19 Abba Even Boulevard
Herzliya, 4672537
Israel
Phone972 9 971 2424
Websitenewmedenergy.com

Stock Details

Ticker SymbolNWMD
ExchangeTel Aviv Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyUSD
ISIN NumberIL0004750209
SIC Code1311

Key Executives

NamePosition
Yossi AbuChief Executive Officer of NewMed Energy Management Ltd
Tzachi HabushaVice President of Finance and Chief Financial Officer of NewMed Energy Management Ltd
Sherry Singer KaufmanExecutive Vice President and General Counsel of NewMed Energy Management Ltd
Dr. Zvi KarczVice President of Exploration and Chief Geologist of NewMed Energy Management Ltd
Guil BashanExecutive Vice President of Corporate Development and Investor Relations
Nadav PerryVice President of Regulatory and Public affairs of NewMed Energy Management Ltd
Yehuda BrukerChief Engineer of NewMed Energy Management Ltd
Shiran BozikovskyC.I.S.O of NewMed Energy Management Ltd
Eviatar ArvivManaging Director of New Ventures and Country Manager
Lior CohenFinancial Controller of NewMed Energy Management Ltd