Oil & Natural Gas
About the department
Our firm is recognized as the leading and most experienced law firm in Israel with regard to the field of oil and natural gas in Israel. Our firm’s team provides counsel to a variety of clients active in the field, including the largest Israeli and international energy companies active in the sector, and has played key roles in the largest infrastructure projects in the oil and natural gas sector in Israel.
The team has multidisciplinary experience in representing leading clients in the economy and leading huge transactions, and has a unique ability to provide creative and long-term solutions to the wide variety of our clients. The extensive experience and skills we have gained allow us to assist our clients in promoting innovative, complex, cross-border projects of significant economic scope.
Our firm has long-standing familiarity with and a thorough understanding of the existing regulation in the field, and the attorneys at our firm were partners in promoting the regulation and the main moves that led to its structure as it is today.
Our firm represented the owners of the rights in the Tamar natural gas reservoir starting from the initial stages of establishing the joint venture, the purchase agreements, the joint operation agreements, ongoing regulation and discussions with the government, natural gas sales agreements for the domestic economy and for export, the financing of the project and many other issues accompanying this activity. Our firm represented the owners of the rights in Tamar in the negotiation of over 40 natural gas and oil sales agreements to customers in Israel (including an agreement with Israel Electric Corporation) and to foreign customers, with a cumulative volume of over 50 billion US dollars.
Our firm represents the owners of the rights in the Leviathan natural gas reservoir (one of the largest natural gas discoveries in the world in the last decade) in all legal aspects of the project, and has provided counsel in relation to the project starting from the stage of acquiring the rights in the project, in the joint operation agreements, regulation, procedures with the government, financing and more. Our firm represented the rights holders in the project in the negotiations for the natural gas sales agreements to a variety of consumers in Israel, Jordan and Egypt with an aggregate amount of over 30 billion US dollars.
Our firm represented NewMed Energy (formerly Delek Drilling) in a precedent-setting and historic transaction for the sale of all its rights in the Tamar reservoir to Mubadala Petroleum (a company owned by the Abu Dhabi government) for over one billion US dollars.
Our firm represented Chevron and NewMed Energy in the transaction for the purchase of the rights to the EMG pipeline (a pipeline for the transmission of gas connecting Israel and Egypt) and the receipt of the various regulatory approvals required for the use of the pipeline to export gas to Egypt.
