East Mediterranean discoveries raise tension in region

03/22/2013
Another energy bonanza, another international crossfire with hydrocarbons in the middle. The place is the eastern Mediterranean, where Noble Energy and partners have made deepwater gas discoveries with gross mean resources estimated at 35 tcf. Most of the fields are off Israel, where Noble will bring deepwater behemoth Tamar field on stream as early as next month. The operator plans to develop even larger Leviathan field to the west and is exploring export options for the gas. Noble has other discoveries nearby, including Tannin, Dolphin, and Dalit. Just to the west in Cypriot waters, Noble has yet another big deepwater discovery called Aphrodite. Other operators have been drawn to the pl...
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