In 2009 and 2010, U.S.-based exploration and production (E&P) company Noble Energy (see below for brief description), along with its private Israel-based partners, made two large natural gas discoveries offshore of Israel—the Tamar and Leviathan fields, respectively. Israel does not have a significant E&P sector and thus relies on the expertise of international companies, particularly in offshore work. These discoveries, and the production from Tamar that began in 2013, have changed Israel’s energy consumption mix, strengthened its energy security, lowered its carbon emissions, and led to trade benefits.
Date of Report: February 27, 2015
Order Number: IF10140
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