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Stock impact report

Noble Energy Amends Gas Sales Contracts With Dolphinus Holdings Limited, Increasing Firm Sales Volumes Into Egypt

NOBLE ENERGY (NBL) 
Last noble energy earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.nblenergy.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or the “Company”) announced today that the Company and its partners have amended their agreements for the sale of natural gas to Dolphinus Holdings Limited from the Leviathan and Tamar fields. The amended agreements now provide for total combined firm contract quantities of 3 trillion cubic feet (Tcf) of natural gas, more than doubling the firm volume commitments previously agreed. In addition, each agreement has been extended by five years to reflect 15-year terms.Beginning January 1, 2020 and throughout the contract term, the Company and its partners have committed to supply volumes as summarized below:January 1, 2020 – June 30, 2020: Leviathan 200 million cubic feet per day (MMcf/d) of natural gasJuly 1, 2020 – June 30, 2022: Leviathan 350 MMcf/d, Tamar 100 MMcf/dJuly 1, 2022 – December 31, 2034: Leviathan 450 MMcf/d, Tamar 200 MMcf/dThese contracts replace the previous firm commitment of 1.15 Tcf from the Show less Read more
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