Offshore staff
TEL AVIV, Israel – Delek Group (TASE: DLEKG, US ADR: DGRLY) has started negotiations with Noble Energy for the acquisition of 19.9% of the latter’s share in block 12 offshore Cyprus for $15 million.
The block includes the deepwaterAphrodite gas discovery.
Other partners in the concession, Delek Group subsidiariesDelek Drilling and Avner Oil Exploration, each hold 15% of the rights.
The transaction would be subject to various approvals, including from the Republic of Cyprus.
6/1/2015