Wednesday 18 December 2013

Noble Energy unveils offshore Israel expansion plans

Offshore-mag.com 17-Dec-13
Noble Energy says the onshore gas compression project at the Ashdod reception terminal on the Israeli coast is progressing. The facility is receiving supplies from the deepwater Tamar field in the Levantine basin.
By mid 2015, Noble aims to enhance deliverability at the plant to 1.2 bcf/d (34 MMcm/d), and increase to 1.5 bcf/d (42 MMcm/d) in 2016. Development of the recent Tamar Southwest discovery is to play a part in the expansion.
Noble’s next major deepwater Israeli development will be the 19-tcf (538-bcm) Leviathan field. It plans multiple phases of development with initial production in 2017.
The company sees further strong exploration potential on its acreage in the Eastern Mediterranean offshore, with around 3 Bbbl of gross unrisked oil potential in the deep Mesozoic play off both Cyprus and Israel, and 4 tcf (113 bcm) of natural gas potential off Cyprus.
Noble expects to resume exploration drilling in the region in late 2014 or early 2015.

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