Noble Energy Considers Investing in Egypt’s Oil & Gas Industry

Noble Energy Considers Investing in Egypt’s Oil & Gas Industry

Noble Energy expressed interest in investing in Egypt’s oil and gas sector and the possibility of linking the natural gas fields off Cyprus to Egypt’s natural gas infrastructure, Egypt Oil & Gas reports.

During a meeting between Egyptian and company officials, Nobel Energy indicated it could consider participating in Egypt’s upcoming oil and gas tenders.

The officials also discussed the possibility of building a pipeline to connect Cyprus’ natural gas to Egypt.

Participating in the meeting were the Minister of Petroleum and Mineral Resources, Tarek El Molla; the Chairman of Noble Energy, Keith Elliot; and the Vice President of Global Marketing for Noble Energy, Brian Essner.

The recent natural gas discoveries in the Mediterranean Sea and Nile Delta have contributed to Noble Energy’s interest in working in Egypt.

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Sarah Samir 3532 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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