Chevron confirms further Investment on Leviathan Gas Expansion Project

16 Jan Chevron confirms further Investment on Leviathan Gas Expansion Project

(Oilandgaspress) Chevron Corporation by its subsidiary, Chevron Mediterranean Limited (CML), and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform located offshore Israel.

The Leviathan expansion project is expected to come online towards the end of this decade.

The project includes drilling three additional offshore wells, adding additional subsea infrastructure, and enhancing the treatment facilities on the Leviathan production platform as we progress towards increasing total gas delivery to Israel and the region to approximately 21 billion cubic meters (BCM) annually from the Leviathan reservoir.

The Leviathan production platform is located approximately 10 kilometers offshore Dor, Israel. Project Increases Affordable, Reliable Gas for Israel, Egypt and Jordan

Leviathan working interest owners include Chevron Mediterranean Limited as operator (39.66%), NewMed Energy (45.34%), and Ratio Energies (15%).

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