Middle East Economic Survey


No 41



Delek Considers Joining Noble In Cyprus Offshore License

Gideon Tadmor, CEO of Israels Delek Energy, said the company may team up with Noble Energy of the US to drill in a Cypriot offshore Block. Noble holds the license to Cypruss Block 12, which lies adjacent to Israeli territorial waters, and Delek Energy has an option to take a 30% stake in the block for its subsidiaries, Delek Drilling and Avner Oil. Speaking to Reuters on 5...