Pinnacles, which is being exploited as a subsea tieback to the Mari B platform, is set to produce 150 million cubic feet per day of gas to help avert an expected energy shortage for Israel this summer.
Noble has accelerated the development timetable for the field, taking only 10 months from approval to subsea installation for an investment of $105 million, and claimed in a statement it was “among the fastest development projects in the industry”.
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