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'Big Bang Theory' finale will feature major cliffhanger
JERUSALEM, Jan. 4 (UPI) -- Israeli and Norwegian energy companies said they encountered a significant amount of natural gas in an offshore Israeli field.
Norwegian energy company AGR said it encountered "significant signs of natural gas" during drilling operations in the Aphrodite-2 exploration well in the offshore Ishai license block. The well encountered a gas layer of 49 feet, the Platts news service reports.
Partner energy company Israel Opportunity said it would likely be late February before it can delineate the full extent of the find. The license area is said to contain about 3.7 trillion cubic feet of natural gas, reports Platts.
Drilling at the Aphrodite well, about 100 miles offshore from Haifa, began in December.
Israel aims to ease dependence on Egyptian natural gas through offshore reserves. The recent inauguration of the giant offshore Tamar natural gas field was said to mark the beginning of the country's energy independence.
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| Additional Energy Resources Stories | |
TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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