Delek Group Ltd. Unsponsored ADR (6D40)

Overview

Delek Group Ltd. is an established energy company with a focus on exploring, developing, producing, and marketing oil and gas, both within Israel and internationally. With operations segmented into Energy in Israel, Foreign Energy, and Other Operations, Delek Group holds a diverse portfolio in the energy sector. It possesses significant investments in major oil and gas reserves, such as the Leviathan and Aphrodite reservoirs in Cyprus, alongside substantial offshore oil assets throughout the Mediterranean. Furthermore, the Group's reach extends into the North Sea off the coast of England, where it also maintains oil and gas reserves. Beyond exploration and production, Delek Group owns a comprehensive network of production, treatment, and storage facilities, demonstrating its integrated approach to the energy supply chain. Incorporated in 1999, the company has established its headquarters in Herzliya, Israel, marking its pivotal role in the global energy market.

Products and Services

• Exploration and Development

At the core of Delek Group's operations is the exploration and development of natural gas and oil fields. This includes the pivotal Leviathan and Aphrodite reservoirs in Cyprus, which are significant sources of natural gas. The company employs cutting-edge technology and methods to ensure efficient exploration and development processes.

• Production and Marketing of Oil and Gas

Following the successful exploration and development stages, Delek Group focuses on the production and marketing of oil and gas. They leverage their extensive portfolio of offshore oil assets in the Mediterranean and reserves in the North Sea to produce a significant volume of energy resources. This includes the extraction, processing, and sale of these resources to meet the energy needs of various markets internationally.

• Ownership of Production, Treatment, and Storage Facilities

An integral part of Delek Group's operational infrastructure includes the ownership and operation of production, treatment, and storage facilities. These facilities play a crucial role in the processing and preparation of natural gas and oil for market distribution. Not only do these operations ensure the quality and safety of the energy products, but they also enhance the efficiency and reliability of the supply chain, reinforcing Delek Group's position in the global energy sector.