Delek companies pitch for offshore Cyprus acreage

Offshore staff

TEL AVIV, IsraelDelek Group says its subsidiaries Avner Oil Exploration and Delek Drilling have submitted a bid for the latest offshore Cyprus licensing round.

They did so as part of a consortium that includes Cairn Energy Capricorn Oil.

Delek does not expect to hear results of the tender before 4Q.

07/25/2016

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