Middle East Economic Survey

VOL. LIII

No 9

01-March-2010

ISRAEL

Noble Energy To Invest $530mn In Israel Gas E&D In 2010

Noble Energy plans to invest $530mn in natural gas exploration and development (E&D) in Israel in 2010, company executives said during a conference call announcing its 4Q09 results. Late in the year, we anticipate resuming exploration in the Eastern Mediterranean, looking to build on our tremendous success that weve had already in Israel, said CEO and...