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Ratio Petroleum is a partnership with energy business orientation which was founded in 2011. The Partnership was established after the discovery of Leviathan, when the geologist and entrepreneur, Eitan Aizenberg (SVP Exploration and Production of Ratio Petroleum since its founding) approached the Landau and Rotlevy families to establish a partnership which would engage in gas and oil exploration worldwide. Ratio Petroleum’s strategy focuses on operating in areas where great potential is spotted and no significant petroleum discoveries have yet been made, like the Levant Basin prior to the Leviathan and Tamar discoveries. The partnership listed on the Tel Aviv Stock Exchange from 2017 and traded on the Tel Aviv Oil & Gas Index. Today, Ratio Petroleum holds oil rights in three basins around the world: the Guyana Basin, the Moroccan Atlantic Basin and the Philippines )Eastern Palawan Basin(. The total oil rights area of Ratio Petroleum amounts to approximately 130,000 square kilometers and the partnership actively seeks new assets and investment opportunities around the world.
In recent years, Guyana has emerged as one of the most prominent locations for oil and gas exploration and production worldwide, situated within the prolific Guyana-Suriname Basin. Through accelerated activity, over 12 billion barrels of oil reserves have been discovered in the country through more than 30 test drillings, the majority of which resulted in significant discoveries. Ratio Petroleum holds a 25% stake in the license for the Kaieteur block, spanning approximately 13,535 square kilometers and encompassing water depths ranging from 2,800 to 3,800 meters.
In 2019, the partnership received approval from the Philippine government to expand the search area of SC76 by approximately 50%. In 2022, the partnership welcomed Navits Petroleum as a new partner in the block. Subsequently, in 2024, the local energy company Prime Oil and Gas also entered into the license agreement. Currently, the partnership, serving as the operator of the block, holds a 35% stake covering an area of approximately 6,480 square kilometers, with water depths ranging from 900 to 1,700 meters.
In 2021, following the signing of an agreement with the Moroccan government, Ratio Petroleum was granted an extensive study and research area named Dakhla Atlantique along the Atlantic Ocean shores. Subsequently, in 2022, the partnership expanded with the inclusion of the energy company Navitas as a partner. Presently, the partnership holds a 70% stake in the block, encompassing approximately 109,000 square kilometers with water depths ranging from 0 to 3,000 meters
An attorney serving as the General Counsel of the Partnership, with over ten years of legal experience in securities law, the capital market, corporate law, and commercial law. Holds an LL.M from Haifa University. Before entering the position, worked as an attorney at the law offices of Agmon & Co. Rosenberg Hacohen & Co.
CPA who holds a B.A. in Accounting and Information systems from “Lev Academic Center” and an M.B.A. from the College of Management. Prior to this position, worked as CFO in a Medical Devises Hi-tech company
a geophysicist and geologist with over ten years of experience in the areas of geological and geophysical research and in the oil and gas industry. As part of his experience, engaged in operating geophysical surveys, interpretation, and assessment of seismic data including advanced geophysical analyses. Gal is also involved in academic research and collaborations with universities in Israel and worldwide. He works extensively in formulating and implementing the decisions in Ratio Petroleum regarding exploration. Holds a PhD degree in Geophysics from Tel Aviv University.
Co-founder of Ratio Petroleum, SVP Exploration & Production. An entrepreneur and manager, with decades of geological and technical experience in exploration, development and production of oil and gas. Among other things, located the Leviathan gas field in the Mediterranean and the Alma field in the Gulf of Suez initiated the establishment and operations of Ratio Petroleum. In addition, in 2011 Mr. Aizenberg analyzed and identified the potential of the Guyana-Suriname Basin, prior to the significant oil discoveries which were later made by ExxonMobil, and he worked to acquire Ratio Petroleum’s interests in Guyana (Kaieteur Block). Holds an MSc in Geology from The Hebrew University of Jerusalem, focusing on minerology-petrography and chemistry.
one of the entrepreneurs of Ratio Petroleum’s operations, with over ten years of business, commercial and legal experience in the area of oil and gas exploration. Works vis-à-vis various international entities in the oil and gas industry, including business and commercial bodies and government entities. Holds an LL.B and a B.A. in Business Management from the Interdisciplinary Center Herzliya.
Has held the office of outside director since 2017. In recent years, worked as a manager of mergers and acquisitions and as a manager of investment operations in leading corporations in the Israeli market in the energy, natural resources, security, real estate, and finance industries. Holds a B.A. in Political Science, Sociology and Anthropology from Haifa University, and an M.B.A. from Tel Aviv University.
Has held the office of external director since 2017. Serves as a director in a number of public companies. In recent years, held the offices of Chairman of the Board of Migdal Insurance Ltd. and Migdal Holdings Ltd., director of Bank Leumi, outside director of Hot Telecommunication Systems Ltd. and in a number of private companies. Holds a B.A. in Economics and International Relations from The Hebrew University of Jerusalem, and M.B.A. in Finance from Columbia University, New York, and undertook PhD studies in Finance and Banking at Columbia University, New York.
Has held the office of independent director since 2017. Held the office of Chairman of the National Road Safety Authority until 2019, and CEO of the Civil Aviation Authority until 2014. After retiring from the IDF with the rank of Major General, he held the office of CEO of the Ministry of National Infrastructure, and afterwards of CEO of the Jewish Agency. Holds a B.A. in Economics from Bar Ilan University and an M.B.A. from UCLA University.
Has held the office of director since the establishment of the Partnership. Serves as a director in Rotex (1980) Ltd., CEO of Lodzia-Rotex Investment Ltd. and also as a mediator attorney in court cases. Holds an LL.B from the Interdisciplinary Center, a B.A in Psychology and History from Tel Aviv University, and an M.B.A from Columbia University, New York.
Co-founder of Ratio Petroleum, has held the office of director since the establishment of the Partnership. Also holds the office of director in Ratio Oil Exploration-LP, Ratio Oil Exploration (Finance) Ltd., and in several other public and private companies.
Co-founder of Ratio Petroleum, has held the office of director since the establishment of the Partnership. Also holds the offices of CEO and director in Ratio Oil Exploration-LP and of director in Ratio Oil Exploration (Finance) Ltd. and in a number of other public and private companies.
Co-founder of Ratio Petroleum, has held the office of director since the establishment of the Partnership. Also holds the office of director in Ratio Oil Exploration-LP and in Ratio Oil Exploration (Finance) Ltd., and of director in several other public and private companies.
Co-founder of Ratio Petroleum, has held the office of director and Chairman of the Board since the establishment of the Partnership. Also holds the office of Chairman of the Board of Ratio Oil Exploration (Finance) Ltd., and of director in a number of other private and public companies.
