NEW YORK Noble Energy
Inc. is restructuring its operations "to support the material
growth it is anticipating over the next several years," the
The Houston-based natural gas
producer is splitting its operations into three segments: U.S.
Onshore; Eastern Mediterranean; and U.S. Gulf of Mexico (GOM),
Africa and Frontier.
The U.S. Onshore segment will
include Nobles unconventional horizontal developments in
the Marcellus Shale and Denver-Julesburg Basin, it said.
The Eastern Mediterranean segment will focus on Nobles
recently launched Tamar field and future developments off the
coasts of Israel and Cyprus, while the U.S. Gulf of Mexico
(GOM), Africa and Frontier segment will include the
companys deepwater operations and new exploration areas,
the company said.