The three key players offshore Israel, US firm Noble Energy, local firm Delek and Greek firm Energean (MEES, 3 July) are caught in a wrangle after Israel last week opened bidding on ‘Block 72’ on the Lebanon maritime border (MEES, 26 June).
The block, previously known as Alon D, was held by Noble (47.1%) and Delek (52.9%) until it expired on 21 June. The bid round was launched two days later. (CONTINUED - 564 WORDS)