Middle East Economic Survey


No 8


Noble Energy Looks To Accelerate Cyprus Offshore Program

Years of speculation over what hydrocarbon resources might exist in the East Mediterranean off the southern coast of Cyprus may be soon reaching an end as Noble Energy of the US prepares to drill its first exploratory well. Executives from Houston-based Noble met with Cypriot government officials on 15-16 February and announced that they would be ready to move a drilling rig...