Delphi Expands Offerings on Energy Development Offshore Israel and throughout Levant Basin

WASHINGTON, Dec. 22, 2010 /PRNewswire/ -- Delphi Global Analysis Group, LLC (Delphi), a consultancy specializing in geopolitical risk analysis and mitigation, today announced an expanded suite of products and services specific to conventional energy exploration and production offshore Israel and in the broader Levant Basin.

"Development of the Levant Basin could create a significant shift in the politics of the eastern Mediterranean.  For Israel, the production of meaningful quantities of natural gas holds the potential to transform the country's economy and politics.  The resulting business risks and opportunities could be profound," said David Wurmser, Ph.D., founder and executive member of Delphi.

Delphi has world-leading expertise on the domestic, regional, and international politics impacting Israel.

To provide clients with the actionable insights needed to protect investment and maximize profit scenarios in the Levant Basin, Delphi has launched three integrated offerings:

• Levant Basin Report – Regular and timely summary of key developments drawing from a range of sources throughout the region.  Delphi operates a network of professionals with senior military, intelligence, and relevant industry expertise to deliver world-class monitoring capability;
• Levant Basin Geostrategic Risk Assessment – Applying a rigorous and proven methodology, Delphi offers clients custom research reports that comprehensively audit regional energy-sector investment risk; and
• Levant Basin Public Affairs Risk Mitigation – By enlisting its extensive knowledge base and contacts, Delphi designs and helps implement sophisticated political risk mitigation programs.  These programs account for domestic, regional, and international factors and trends.

Background on Levant Basin

Wedged between Cyprus and the shoreline from Syria to Sinai, the Levant Basin encompasses approximately 32,000 square miles.  An assessment of the Levant Basin published by the U.S. Geological Survey earlier this year estimated a total mean volume of 122 trillion cubic feet (Tcf) of undiscovered, technically recoverable gas resources.

The first noteworthy hydrocarbon discovery in the area was made in March 2000 offshore Israel west of the city of Ashkelon.  This find, which ultimately was determined to contain about 1 Tcf of natural gas, encouraged additional exploration.  In January 2009, a major natural gas discovery was confirmed at the Tamar field within 60 miles of the northern coast of Israel.  Tamar holds a resource now estimated at 8.4 Tcf, which represents the world's largest natural gas discovery in 2009.

By the end of December, results are expected on the Leviathan field, estimated to have a 50 percent probability of holding a gross mean resource of 16 Tcf, or nearly double Tamar.  Both fields are within the equivalent of Israel's exclusive economic zone.

About Delphi Global Analysis Group, LLC

By combining practical experience acquired at the highest levels of government with scholarship from top academic institutions, Delphi Global Analysis Group offers insight and foresight on the Middle East to corporate decision makers and investment professionals.  Delphi focuses on in-depth analysis that draws on primary sources to help clients capture significant competitive advantage on matters of political risk.  This approach results in superior management of risks created by exposure to domestic, regional, and geostrategic uncertainty.  The firm features tailored strategic audits supported by ongoing consulting to monitor and proactively defuse political threats to business interests. In addition to these customized reports, Delphi produces regular analytical overviews of key regions and subject areas.

Delphi's Founder and Executive Member is Dr. David Wurmser, Ph.D.  Prior to founding Delphi, Dr. Wurmser served as the senior advisor to Vice President Richard B. Cheney on Middle East and Terrorism.  From 2002 to 2003, Dr. Wurmser held the position of senior advisor to Under Secretary of State John Bolton, who today holds the position of senior advisor to Delphi.  

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SOURCE Delphi Global Analysis Group, LLC