Noble Energy, Israel’s Delek to Supply Gas to Egypt in $15 Billion Deal

Investors in Israel’s natural-gas fields agreed to supply an Egyptian company with gas valued at $15 billion, a deal that will build on growing ties between once-hostile neighbors that now share a common enemy in the restive Sinai Peninsula.

Houston’s Noble Energy Inc. and Israel-based Delek Drilling LP will supply 83.2 billion cubic yards of natural gas over 10 years from the Tamar and Leviathan fields to Egypt’s Dolphinus Holdings Ltd, Delek said.