'We are happy and proud that Energean has facilitated Israel joining the club of international oil exporters,' says the company’s CEO.

"We have recognized a huge potential in Morocco for collaborations in the natural gas and renewable energy sectors," said CEO Yossi Abu.

According to Lior Schillat, director-general of Israel's Energy Ministry, the agreement will "allow the development of a gas reservoir that crosses the border between enemy states, an unusual event in the global energy market."

The gas was found in a gas field known as Zeus-1, one of nine gas fields in an area collectively known as the Olympus bloc.

Representatives of Israel and a number of Arab countries met in Egypt on Monday to discuss regional cooperation in the energy sector, pointing to warming ties between the Jewish state and its neighbors.

Partners of the Leviathan natural gas reservoir announced an investment of $3.75 billion in the largest energy project in Israel's history.

Israel’s Leviathan offshore natural gas field is expected to supply the Egyptian company Dolphinus Holdings with up to 4 billion cubic meters (141 million cubic feet) of gas per year for 10 to 15 years, according to a preliminary deal announced last week.

Momentum is building for increased partnership between Israel and oil and gas companies in Texas, said an official from America’s Lone Star State.

Economic gains from the Tamar natural gas field canceled out losses from Operation Protective Edge and contributed to a massive increase in the GDP.

The land of milk… and gas?! Israel is on the fast track to becoming an energy empire, a realization of Biblical blessings.

Israel will become the main supplier of energy to Jordan in the next 15 years, according to a new agreement.