Chevron Greenlights Leviathan Natural Gas Expansion

Chevron Corporation approved the Final Investment Decision to expand the Leviathan natural gas platform offshore Israel, according to a company press release. The project aims to achieve 21 billion cubic meters (bcm) of annual production, meeting Israel’s growing energy needs.

This Leviathan field will supply natural gas to Egypt and Jordan alongside Israel, reinforcing Eastern Mediterranean energy security, Chevron Upstream President Clay Neff stated. The expansion reflects confidence in regional policies supporting investment, he added.

The expansion includes drilling three new offshore wells, adding subsea infrastructure, and upgrading platform treatment facilities. Chevron Mediterranean Limited (39.66%) operates alongside NewMed Energy (45.34%) and Ratio Energies (15%).

Leviathan lies 10 kilometers offshore of Dor, Israel. Chevron also operates the Tamar field (Israel), developing Aphrodite (Cyprus), and holds three exploration blocks in Egypt. Eastern Mediterranean Managing Director Jack Baker emphasized commitment to regional energy supply.

Chevron ranks among the world’s top integrated energy firms, producing crude oil and natural gas while manufacturing transportation fuels, lubricants, petrochemicals, and additives. The company also develops technologies to advance its operations and the broader energy sector.