Exploration and Production
Delek Energy Systems Ltd.,
through its subsidiaries Avner Oil Exploration L.P.
and Delek Drilling L.P.,
is Israel's premier oil and gas exploration company. Yam Tethys, the Group's partnership with US company Noble Energy Inc., has been producing gas since 2004 following the discovery of a high quality reservoir of natural gas off the coast of Israel. Yam Tethys is currently the main source of natural gas used by the Israel Electric Corporation. During the first quarter of 2009, Delek together with its partners struck 9.1 trillion cubic feet of natural gas at the Tamar well and additional quantities at the Dalit well. The partners plan to start production from these wells in the first half of 2013. In late 2010, Delek together with its partners struck the largest natural gas find in Israel’s history at the Leviathan well. Both Tamar and Leviathan are the largest deepwater gas discoveries in the world in the past dec-ade.
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Delek Group manages gas stations and convenience stores through subsidiary in retail energy – Delek, Israel Fuel Corporation Ltd., Delek US Holdings, Inc.,
Delek, The Israel Fuel Corp.
is Israel’s second largest fuel distributor. Over two hundred and forty stations service more than 110,000 vehicles daily, while the ever-expanding Menta chain of convenience stores offers drivers a range of high-quality refreshments.
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Delek US Holding, Inc.
, through its brand Mapco, is a leading fuel distributor in its base county; Nashville, Tennessee and surrounding states. Founded in 2000, a company renowned for success, today is traded on the NYSE. With its diversified downstream energy business, Delek US is focused on petroleum refining, the wholesale distribution of refined products and convenience store retailing. The refining segment consists of refineries operated in Tyler, Texas and El Dorado, Arkansas with a combined nameplate production capacity of 140,000 barrels per day. The marketing and supply segment markets refined products through a series of owned and third-party product terminals and pipelines. The retail segment supplies fuels and merchandise through a network of approximately 400 company-operated convenience store locations in eight states under a number of regional brands).
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Infrastructure; Water Desalination and Power Plants
Delek Group holds approximately 50% of Israel Desalination Engineering (IDE) Technologies
. IDE is a pioneer and a global leader in water technologies. The Company specializes in the development, engineering, construction and operation of enhanced desalination facilities and industrial water treatment solutions, as well as industrial evaporation and snowmaking & refrigeration applications. Over the past four decades, the Company has established itself as the clear leader in both thermal and membrane technologies – such that many of the largest and most complex desalination projects in the world are IDE projects.
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Delek Group through fully owned subsidiaries, Delek Infrastructure Ltd., is the largest company in Israel to build and operate Independent Power Plants ("IPP"). IPP Ashkelon Ltd. fully owns the IPP plant that services the Ashkelon water desalination facility, which is sourced synergistically with natural gas from the Yam Tethys reserve.