Israel’s Delek group, controlled by Yitzhak Tshuva, is close to clinching Chevron’s oil and gas fields in the British North Sea, which have a price tag of around $2 billion, sources familiar with the matter told Reuters.
Delek, via its North Sea oil and gas operator Ithaca Energy, could reach an agreement within days, two of five sources said.
U.S. oil major Chevron Corp kicked off the sale of its central North Sea oil and gas fields Alba, Alder, Captain, Elgin/Franklin, Erskine and Jade, as well as the Britannia platform and its satellites last July, with the help of U.S. investment bank Morgan Stanley.
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