NewMed Energy
Natural Gas
StartupNewMed Energy is a Herzliya-based startup, established in 1993. Natural Gas. The company has 51-200 employees.
The company follows a B2B2C/B2B/B2C/B2G business model. Product stage: Released.
- StageMature
- ProductReleased
- ModelB2B2C, B2B, B2C, B2G
- Employees51-200
- HQHerzliya
- DistrictCenter District
- Last RoundUndisclosed
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What does NewMed Energy do?
NewMed Energy is a natural gas company in Israel. NewMed Energy has been a partner in several major gas discoveries in the Eastern Mediterranean including Leviathan, the largest deepwater discovery in the world at that time at 621 billion cubic meters; Tamar (306 billion cubic meters); Aphrodite in Cyprus (129 billion cubic meters); and others. Tamar provides more than 50% of Israel's electricity production. The NewMed Energy partnership is a subsidiary partnership of the Delek Group.
Where is NewMed Energy located?
NewMed Energy is based in Herzliya, Israel, Center District.