Welcome to Givot Olam Oil
Givot Olam Oil Ltd. discovered the Meged oil field,
potentially the largest oil field in Israel, located
20km north-east of Tel-Aviv.
On April 4, 2004 the Government of Israel recognized
the Meged Oil field as a commercial oil field discovery
and granted a production Lease I/11 over an area of
243 square kilometers.
The estimated reserves of the Meged Field are over
2,000 Million Barrels of Oil in place.
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