Figure It – Episode 5: Chevron and East Med gas (16/9/2020)

In this week’s episode, Sapienta Economics Director Fiona Mullen talks about the commercial aspects of natural gas with the East Mediterranean Editor of Middle East Economic Survey (MEES), Peter Stevenson. The recent bid by US energy giant Chevron to buy out Noble Energy - the lead company in the Cyprus Aphrodite and Israeli Leviathan and Tamar fields - has been challenged by the activist investor, Elliott Management. What is the difference between the two companies and what would either company’s ownership mean for East Med gas development prospects?