- Cnooc (CEO) reportedly is in talks to buy 30%-40% of the Aphrodite gas field in Cyprus; Noble Energy (NBL) owns 70% of the rights of the field, and Delek Group (DGRLY) energy exploration units Avner Oil and Gas and Delek Drilling each own 15%.
- Aphrodite contains ~4T cf of natural gas, enough to justify developing an FLNG which would allow Cnooc to export gas to Chinese companies.
- Woodside Petroleum (WOPEF, WOPEY), a partner in the Leviathan field offshore Israel, also is interested in becoming a partner in the Cypriot field, but Cnooc is said to have a better chance of concluding a deal.
Cnooc in talks over Cyprus gas field with Noble Energy, Delek
From other sites
at Benzinga.com (Jan 8, 2015)
at MarketWatch.com (Jan 6, 2015)
at CNBC.com (Dec 4, 2014)
at CNBC.com (Oct 30, 2014)
at CNBC.com (Jul 14, 2014)
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