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NewMed Energy — M&A Activity 2025
Oct 30, 2025
7125_rns_2025-10-30_d673a655-0333-487f-b6ef-78ffe5ce8be5.pdf
M&A Activity
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NewMed Energy Limited Partnership
To: Israel Securities Authority Via MAGNA
To: Tel Aviv Stock Exchange Ltd. Via MAGNA
October 30, 2025
Re: Extension of Deadline for Fulllment of Precedent Conditions in the Transaction to Increase Natural Gas Export Quantities to Egypt
Further to what was stated in the immediate report of the partnership dated August 7, 2025 (Reference Number: 2025-01- 058580) regarding the engagement of the rights holders in the Leviathan project with Blue Ocean Energy in an amendment to the export agreement to Egypt dated August 7, 2025 (the Export Agreement Amendment), the partnership is pleased to update that the parties have agreed that the deadline for the fulllment of the precedent conditions for the entry into force of the Export Agreement Amendment will be extended until
1 November 30, 2025.
The rights holders in the Leviathan project and their holding percentages are as follows:
| The Partnership | 45.34% |
|---|---|
| Chevron Mediterranean Limited |
39.66% |
Sincerely,
NewMed Energy Management Ltd.
The General Partner in NewMed Energy Limited Partnership
By: Yossi Abu, CEO
Saar Perag, VP Natural Gas Trading
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10/30/2025 | 4:56:46 PM