איתן אייזנברג

Eitan Aizenberg (Eisenberg) is Ratio’s SeXXX. Eisenberg was the first to identify the potential within the geological structure named “Leviathan”, which later was discovered and contain natural gas in commercial quantities. Leviathan is the world’s largest natural gas discovery of the early 21st century and is also the largest gas field in the Mediterranean. In 1999, following the Noa gas field discovery offshore of Israel, Eitan Aizenberg (Eisenberg ) convinced his partners within Ratio to focus on oil and gas exploration in deep water (1-2 KM water depth), since he already believed that the sea harbored potential for a significant oil discovery. Until those days, Ratio’s main focus was on onshore oil exploration. As a result of that decision to shift the efforts to onshore explorations, the Partnership received a preliminary permit named “Ratio Yam” to explore oil in the deep water. In 2007, Eitan Aizenberg (Eisenberg) even managed to convince “Noble Energy” and “Delek” to join Ratio in the pioneering and complex task of continued oil explorations in Ratio Yam territories, which until those days were not drilled for oil explorations. Following several drillings in 2010-2013 in the Leviathan gas field, it was estimated that as of early 2015 the reservoir’s recoverable oil resources equals to approx. 22 trillion cubic feet (Tcf) of natural gas and 39 million barrels (MMBO) of condensate – a phenomenal success that is credited to Eitan Aizenberg (Eisenberg).

Eitan Aizenberg (Eisenberg) believes that in the future, oil will be found under the layers of natural gas discovered in the Levant basin. As a result, Ratio Energies Limited Partnership has recruited a professional, proficient and multi-disciplinary team focused on developing prospects for oil and gas exploration in the deep waters of the Levant basin. One of Eitan Aizenberg (Eisenberg)’s longtime trademarks is uncompromising work, a professional vision and a commitment to the Zionistic ideology, all based on a stable economic-business plan. Due to Eitan’s work and success, he was chosen to be Israel’s Energy Sector’s Man of the Year in 2014.

1960’s – Today

The 1960’s saw Eitan Aizenberg (Eisenberg) working as a geologist for Nefta. During his studies in the Hebrew University of Jerusalem, Eisenberg completed his thesis, during which he undertook mapping activities. This work later came to be known as the “Barbur” gas discovery, which was eventually found to be uneconomic.

1970’s

In the early 1970’s, Eisenberg served as Chief Geologist and Technical Manager of the government owned “Netivey Neft”. That company produced the Blaim and Abu-Rudes oil fields. In collaboration with other people, his work brought about a nearly doubled field production rate to a level of 120,000 barrels per day. Simultaneously, he initiated and operated Netivey Neft’s oil explorations in the Gulf of Suez.

Late 1970s

In the late 1970s Eitan Aizenberg (Eisenberg) served as CEO of several US based oil companies that selected to invest in Israeli oil explorations. He initiated drillings in the southern Gulf of Suez. Directly responsible for the “Alma” discovery, an offshore oil field that contained 50 million barrels of oil (MMBO). Collaborations with the “Hanna”- a governmental owned company. Took part in the “Sadot” discovery, a gas field that contained 1.5 billion cubic meters of natural gas that served as the main source of gas for the Israeli economy.

Early 80s

In the early 80s he focused on oil and gas field exploration and development in Texas, USA.

MSc in Geology (Hebrew University of Jerusalem), majoring in Mineralogy, Petrography and Chemistry. Even as a student, Eisenberg had already begun practical work in the Israeli oil industry.