Noble Energy to sell Tamar gas in Jordan

Noble Energy Inc. has signed an agreement to sell natural gas from Tamar gas field offshore Israel to businesses in Jordan.

Gas supply has been a problem for Jordan since 2011, when deliveries from Egypt through the Arab Gas Pipeline began to be interrupted by Egyptian political unrest.

Under the agreement between NBL Eastern Mediterranean Marketing Ltd., Arab Potash Co., and Jordan Bromine Co., deliveries from Tamar will begin in 2016, once minor pipeline work is complete, to Arab Potash and Jordan Bromine facilities near the Dead Sea. Both companies are based in Amman. The contract, with a 15-year initial term, provides for total gross supply of about 66 bcf at a priced based on a floor level of $6.50/Mcf with upside linked to Brent crude oil.

Noble operates Tamar field with a 36% working interest. Other interest owners are Isramco Negev 2, 28.75%; Delek Drilling and Avner Oil Exploration, 15.625% each; and Dor Gas Exploration, 4%.

Keith Elliott, Noble Energy senior vice-president, Eastern Mediterranean, said the company is negotiating to sell “significant quantities of natural gas” from Tamar and offshore Leviathan field “to multiple customers.”

Noble Energy estimates Tamar has discovered resources of 10 tcf.

Related Articles

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Industry group welcomes most UK budget moves

03/21/2014 Oil & Gas UK voiced support for all but one of several measures affecting the offshore producing industry announced in the UK government’s annu...

MARKET WATCH: Crude oil, gas futures prices slide entering spring


The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected