Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production.

Back in August 2011, Noble entered into a production-sharing agreement with the Cypriot government regarding Block 12 of the Aphrodite field in the island’s Exclusive Economic Zone (EEZ).

Turkey had at the time threatened to mobilise its naval forces in the event that Cyprus would proceed with plans to begin drilling at Block 12. Cyprus’ drilling efforts have the support of the US, EU, and UN, and on 19 September 2011 drilling in Block 12 began without any incidents being reported.

The company also has core operations onshore in the US, primarily in the DJ Basin and Marcellus Shale, in the Gulf of Mexico and offshore West Africa.

Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL.

Source: InCyprus