Noble Energy Discovers Gas Offshore Cyprus

HOUSTON, Noble Energy, Inc. (NYSE: NBL) recently announced a natural gas discovery at the Cyprus Block 12 prospect, offshore the Republic of Cyprus. The Cyprus A-1 well encountered approximately 310 feet of net natural gas pay in multiple high-quality Miocene sand...

Threats of War over Oil in the Mediterranean

Israel has plans to enlarge its navy as the potential of a Mediterranean war with Lebanon looms over oil.  According to an October 18 UPI report, Israel is considering adding Israeli built warships to protect the Leviathan and Tamar offshore oil and gas fields....

Israel ‘deploys drones’ over offshore gas fields

AFP August 9, 2011 JERUSALEM — Israel has deployed drones to keep watch on gas fields off its northern coast, fearing attack by the Hezbollah militia from neighbouring Lebanon, the Jerusalem Post daily reported on Tuesday. The fields lie in a part of the Mediterranean...

Myra, Sarah drilling could start in December

Modiin Energy’s partners previously announced that drilling would begin in January or February 2012. 24 July 11 10:44, Globes’ correspondent Myra and Sarah license-holder Modiin Energy LP (TASE:MDIN.L) today notified the TASE that the rig for the drilling...