NewMed Energy
@newmedenergy.com
NewMed Energy is Israel’s leading energy partnership in the exploration,development, production and sale of natural gas and condensate.
NewMed Energy's Company Logos
NewMed Energy's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#019EE3
Cerulean
1, 158, 227
198, 99, 45
100, 30, 0, 11
#FFFFFF
White
255, 255, 255
0, 0, 100
0, 0, 0, 0
#32373C
Outer Space
50, 55, 60
210, 9, 22
17, 8, 0, 76
About NewMed Energy
NewMed Energy is a leading energy partnership based in Israel that specializes in the exploration, development, production, and sale of natural gas and condensate. Established in 1993 as Delek Drilling, a subsidiary of the Delek Group, NewMed Energy has been at the forefront of transforming the energy landscape. In February 2022, the partnership underwent expansion and rebranded as NewMed Energy to encompass new operations in the Middle East and beyond.
One of NewMed Energy's significant assets is the Leviathan Reservoir, which it holds a 45. 34% stake in. As the largest gas reservoir in the Mediterranean, Leviathan plays a crucial role in providing energy to Israel and neighboring countries.
NewMed Energy is committed to building regional ties through commercial collaborations, seeing the natural gas sector as a vehicle for fostering peace, prosperity, stability, and good relations in the Middle East. Additionally, NewMed Energy is dedicated to exploring low-carbon and renewable energy sources, aiming to become a diversified sustainable energy company. The partnership's long-term strategy prioritizes environmental, social, and governance considerations, aiming to drive positive change in its operations and establish meaningful improvements in the environment, air quality, energy reliability, and stakeholder relations.
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Company type
Partnership
Year founded
1993
Company size
51-200 employees
