Noble Completes Tamar Stake Sale

US independent Noble Energy announced March 14 that it had closed its previously announced divestment of a 7.5% interest in the Tamar field, offshore Israel, to Tamar Petroleum Ltd. 

Noble said it remains the Tamar field's operator with a 25% working interest.  Details of the planned transaction were reported by NGW last week.  Plans for the transaction first circulated three months ago.  Tamar Petroleum's share has thus increased to 16.75%