Current NBL Stock Info

Noble Energy and Delek Group announce the commercial viability of their Cyprus project
Israel’s Delek Group (ticker: DLEKG) and Texas based Noble Energy (ticker: NBL) announced the commercial viability of their natural gas project offshore Cyprus, according to a release from Delek. The joint venture’s plan calls for 8 billion cubic meters (Bcm) of natural gas production per year and construction of a pipeline to carry the gas to Egypt, reports Reuters.

The plan calls for a floating storage and offloading vessel (FPSO) to process the gas pro...

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