22.07.2020 - 04:28 [ CyprusMail ]

Chevron’s Noble acquisition to boost Cyprus Aphrodite gas field

“Much of Noble’s upstream value comes from its positions in Israel and Cyprus,” writes Jean-Baptiste Bouzard, an industry analyst with WoodMac. Bouzard thinks that the acquisition will boost development plans for Noble’s Aphrodite discovery, offshore Cyprus, as well as ramping up production from its flagship assets in Israel, Tamar and Leviathan.”