Israel’s Delek Drilling in its Q1 2021 financial statement, released 19 May, says that a consortium headed by Abu Dhabi state firm Mubadala remains on track to purchase Delek’s 22% stake in Israel’s 10.5tcf Tamar field, the country’s second largest (MEES, 30 April).

“As of the date of this report the parties to the MoU are continuing to act for the signing of a binding agreement in the upcoming weeks,” Delek says. (CONTINUED - 251 WORDS)