Houston-based Noble operates almost all of Israel’s gas production – some 1.2bn cfd, all offshore. It is also the key holder of undeveloped discoveries, both offshore Israel and in neighboring Cypriot waters.

Although the bulk of the company’s current production is in the US, the company opened the conference call to discuss its Q1 results with its plans for its key Israeli fields. Prime among these is the aptly-named 19tcf Leviathan field, the East Mediterranean’s biggest discovery to date. (CONTINUED - 1518 WORDS)