News
24.11.2015
Noble includes BG in Cyprus consortium
Noble Energy has submitted a request to the Republic of Cyprus seeking the approval of the island`s government to include Britain`s BG Group in a consortium holding rights over a gas field of Cyprus` drilling block 12 in the eastern Mediterranean, Energy Minister Yiorgos Lakkotrypis has said.
The Minister told the media that according to the proposal, Noble will remain the administrator over the offshore field, with it and BG Group holding 35 percent each and Israel`s Delek Group holding 30 percent.
Lakkotrrypis said the request will be submitted for approval before the Council of Ministers.