Chevron and partners NewMed Energy and Ratio Energies have taken FID on a third long-distance subsea pipeline for the Leviathan Field in the eastern Mediterranean Sea offshore Israel.
Courtesy NewMed Energy
Offshore staff
HERZELIA, Israel — Chevron and partners NewMed Energy and Ratio Energies have taken FID on a third long-distance subsea pipeline for the Leviathan Field in the eastern Mediterranean Sea offshore Israel.
This will be laid from the field’s deepwater production wells to the fixed platform in shallower water close to the Israeli mainland.
According to NewMed Energy, it will allow expansion of the maximum gas supply capacity from the project to INGL’s transmission system from the current 1.2 Bcf/d to about 1.4 Bcf/d from mid-2025.
Estimated cost of the project is $568 million.
The Leviathan partnership comprises NewMed (45.34%), Chevron Mediterranean (39.66%) and Ratio Energies (15%).
