NewMed Energy ⚠ Under review

Under review — some data on this profile may be inaccurate and is being re-verified.

NewMed Energy is Israel's leading energy partnership in the exploration, development, production, and sale of natural gas and condensate.

Energy Tech
Active
Public Herzliya, Israel Founded 1993
Last updated 2026-07-26
Total raised
$2.0B
Stage
Public
Founded
1993
Headcount
21
HQ
Herzliya, Israel
Sector
Energy Tech

About

NewMed Energy, formerly known as Delek Drilling, is an Israeli energy oil & gas partnership founded in 1993. It is primarily engaged in the exploration, development, production, and marketing of natural gas, condensate, and oil in Israel and Cyprus. The company holds significant interests in major gas reservoirs in the Eastern Mediterranean, including the Leviathan and Aphrodite fields. NewMed Energy is also expanding into alternative energies, such as blue hydrogen production and carbon capture, and promoting renewable energy projects.

Funding history · 1 round · $2.0B total

2014-01
Undisclosed Round $2.0B

Team · 19

Avinoam Finkelman
Founder · founders
Dr. David Cohen
Founder · Geologist
Dr. Eli Rosenberg
Founder · Geologist
Gideon Tadmor
Founder · founders
Niv Sarne
CEO
Sari Singer Kaufman
VP Legal
Dr. Zvi (Kul) Karcz
VP Exploration
Ronen Edward
VP Leviathan Project
Tzachi Habusha
VP Finance
Saar Prag
VP Trade
Guil Bashan
executives
Niv Sarne
Chairman of the Board
Yitzhak Tshuva
Director
Gabriel Last
Director
Idan Wallace
Director
Leora Pratt Levin
Director
Tamir Polikar
Director
Yair Noiman
Director
Yoram Cohen
External Director

Sectors & technology

Primary sector
Energy Tech
Technologies
Target customers
Business model
B2BB2G

Highlights

Climate Tech

Tags

energynatural-gasoil-and-gasexplorationproductionrenewable-energyblue-hydrogencarbon-capture
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