Sunday, September 24, 2023

Israeli technology is revolutionizing the energy industry

In the midst of the turmoil that the energy sector has experienced over the past 18 months, Technological innovation coming from Israel stands as a beacon of hope. Technologies developed in this country not only offer great opportunities for the energy industry around the world, but are also key to achieving more efficient and sustainable production.

Mathios Rigas, CEO of Energean, shares his vision on the positive impact Israeli technology can have, and highlights the benefits derived from Europe’s lack of energy sources.

Israel: a hub of technological innovation

Israel has established itself as a benchmark in the generation of startups and technological developmentAnd the energy sector is no exception.

The collaboration between Energean and Halliburton, through its innovation arm Halliburton Labs, has led the discovery of solutions that improve efficiency and reduce costs in the energy industry. Rigas highlights the importance of supporting Israeli startups and their ability to develop innovative ideas.

Overcoming the Industry’s Outdated Image

The notion that the energy industry is old and not innovative is a myth that must be dispelled. Rigas emphasizes that the technology can transform every step of the energy production chain, from location to emissions reduction.

By taking advantage of advances such as state-of-the-art geological analysis and more efficient drilling techniques, Increases chances of success in producing depositsWhich has a significant impact on the profitability of the sector.

Eastern Mediterranean Opportunity

The Eastern Mediterranean region has enormous energy potential. With its offshore fields such as Karish, Tanin and Olympus, Israel has an opportunity to strengthen its geopolitical position and become a major player in gas supplies.

Besides, The energy crisis in Europe has created an urgent need to diversify its sources of supply.Which opens the door for Israel to export gas in the region.

Towards a sustainable energy economy

Energean, committed to a “zero emissions” policy by 2050, is an example of how the energy industry can move towards sustainability. The company has been able to reduce its carbon emissions by an impressive 67%.

These advances show that Israeli technology not only offers economic opportunitiesbut also contributes to the fight against climate change.


Israeli technology is revolutionizing the energy industry around the world. Major technological breakthroughs, driven by innovation and investment in Israeli startups, are changing the way energy is produced and consumed. The collaboration between Energean and Halliburton, as well as a focus on innovative solutions, is driving efficiency and reducing costs in the energy industry.

Nation World News Desk
Nation World News Desk
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