Emirati-U.K. partnership buoys Israeli offshore gas field
Adnoc and BP provide top-level backing for the Leviathan natural gas reservoir with a $2 billion stake in Israel’s NewMed Energy
EMMANUEL DUNAND/AFP via Getty Images
An Israeli military boat sails past the offshore Leviathan gas platform
A year and a half after Mubadala Petroleum in the United Arab Emirates sealed a deal to buy 22% of Israel’s offshore Tamar gas field, the Gulf state’s Abu Dhabi National Oil Co. is teaming up with BP to...