Noble Energy Inc.
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Shell eyes Leviathan and Cyprus gas for Egypt
Royal Dutch Shell Plc is looking to bring natural gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.
According to sources, Shell is in talks to buy natural gas from Israel’s Leviathan field and combine it with output from Cyprus’ Aphrodite field – in which has a 35% stake – and pump it to an LNG plant in Egypt.
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Cyprus drilling success may offer EU gas alternative to Russia
By Nikos Chrysoloras & Georgios Georgiou
Cyprus said success drilling in deep waters off the eastern Mediterranean island this year may offer Europe a way to loosen Russias grip on its energy supplies.