Middle East Economic Survey
Cyprus Government Approves Delek Group Farm-In To Block 12
The government of the Republic of Cyprus has granted Houston-based Noble Energy the right to transfer 30% of its 100%-owned Block 12 exploration and production license to Israels Delek Group. The cabinet made the decision during a meeting on 2 December, but MEES understands that the fine details of the transfer are still being worked out. Delek subsidiaries Delek Drilling...