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Noble Energy May Participate In Second Licensing Round

noble energy second round licensingNoble Energy is considering participating in the second round of licensing for offshore oil and gas exploration concessions, said the company's Vice-president Terry Gerhart after meeting with President Demetris Christofias in Nicosia today.

Natural Gas Discovery in Block 12 Worth 100 Bln Eur - Minister

noble energyMethane gas reserves in Block 12 are estimated to be worth around 100 billion euros, according to Minister of Commerce Praxoulla Antoniadou.

On December 28th, President Christofias said that Noble Energy International has confirmed 5-8 trillion cubic feet (tcf) of natural gas in Block 12 of Cyprus' Exclusive Economic Zone (EEZ) in a discovery that has put Cyprus on the EU's energy map.

Two Noble Energy Workers Inhale Toxic Gases

workers injured on homer ferringtonTwo Noble Energy workers were airlifted off the Homer Ferrington rig for medical treatment after they inhaled toxic gases, said the Ministry of Defence.

Fears Ease Over Attack from Turkish Warships in EEZ

turkey threats cyprusFears of an attack from Turkish warships in the waters around Cyprus have eased following a statement from Defence Minister Demetris Iliades, who said that there are no immediate threats of a military incident in Cyprus' Exclusive Economic Zone (EEZ).

Natural Gas Exploration Going Well Says President

president visits noble energy rigExploration for offshore natural gas is going well, said President Demetris Christofias after visiting Noble Energy's drilling rig in Block 12 which neighbors Israel's Leviathan gas field.

Block 12 Gas Reserves Estimates 3-9 Trillion Cubic Feet - UPDATE

noble energy gas explorationBlock 12 (Aphrodite) in Cyprus' Exclusive Economic Zone has  a 60 percent probability of geologic success and an estimated capacity of three to nine trillion cubic feet of natural gas, said Charles Davidson, chairman of the US based Noble Energy Inc.

New Advisory Group on Natural Gas Formed

advisory group natural gas

In the wake of criticism that the government is not properly prepared to develop a gas industry, the Cabinet has announced the formation of an Advisory Group reporting directly to President Demetris Christofias, said government spokesman Stefanos Stefanou.

Accident on Noble Energy's "Homer Platform" - Report

homer platfrom noble energy accidentAccording to a report from Sigma TV, a Dutch worker has been injured while working on Noble Energy's "Homer" platform that is drilling for undersea gas in Block 12 of Cyprus's Exclusive Economic zone.

The accident happened when a heavy piece of metal came loose and fell on the worker, who has been airlifted back to Holland for an operation, said sources in the Ministry of Defence.

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