The two main players in Israel’s upstream, Noble and Delek, have teamed up with Egyptian state firm Egas to take control of the pipeline that previously supplied Egyptian gas to Israel. This boosts the two firms' hopes of reversing gas flows and finalizing the $7.5bn anchor sales deal for their Leviathan gas field.

EMED, a consortium of US firm Noble Energy, Israel’s Delek Group and ‘East Gas Company’, an affiliate of Egyptian state firm Egas, have agreed to pay...