Delek Drilling  Delek Drilling LP () is an Israeli energy Oil & Gas partnership in the exploration, development, and production of Natural Gas and Oil. Delek group owned by Yitzhak Tshuva, is the controlling shareholder of the partnership. The partnership is traded on the Tel Aviv Stock Exchange and is part of the TA 35 Index. Delek Drilling was founded by Avinoam Finkelman and served as the search department of the Delek group, then controlled by the IDB group. The partnership was founded with an agreement signed on July 1st 1993 between Delek Drilling Management (1993) Ltd as a general partner and Delek Drilling Trusts Ltd as a limited partner. The Partnerships holdings include Yam Tethys Ltd, Delek Drilling (Leviathan Finance) Ltd, Delek Drilling (Yam Tethys Finance) Ltd, Delek and Avner Yam Tethys Ltd and Delek Drilling (Tamar Finance) Ltd. In 1998, Yitzhak Tshuva, a self-made multi-billionaire, purchased control of Delek group, from the Recanati family. On December 2016 the general meeting of Delek Drilling and Avner gas and oil search (both units of conglomerate Delek Group) decided on the merge of the two. In May 2017 the Merging process was completed when Avner was immersed into Delek Drilling. This established the position of Delek Drilling as the leading search body in Israel. The Participating units of the partnership are traded on the Tel Aviv Stock Exchange, and it is considered one of the ten largest bodies of trade in the Tel Aviv Stock exchange market. In October 2017, Delek Drilling and the Russian Gazprom signed a Memorandum of Understanding on to jointly examine the possibilities of using natural gas as a fuel for vehicles and special equipment in Israel. In December 2015, the Israeli Government approved the Natural Gas Framework, which constitutes a comprehensive regulation. Main principles of the Framework was that Delek must sell all their rights in the small fields Tanin and Karish within a specified 14 month timeframe. Delek Group must sell all of its rights in the Tamar field and Noble Energy must sell at least 11% of its rights by December 2021. In 2016, Karish and Tanin Gas reserves were sold to Energean Energean Oil & Gas. The deal followed the natural gas framework requiring Delek Drilling and Noble Energy to sell these two reservoirs, which contain 60 BCM of gas for $148 million.