Major Expansion Initiative Greenlit for Leviathan Gas Platform Off Israeli Coast

GasGuru · 2026-01-21T00:09:36+00:00

Chevron and co-investors have approved an expansion for the Leviathan gas production platform, focusing on drilling, infrastructure upgrades, and processing enhancements to boost output efficiency by the late 2020s.

GasGuru

2026-01-21 00:09:36

Abstract generation in progress

Chevron and its co-investors have greenlit a significant expansion project for the Leviathan natural gas production platform, a major offshore facility operating in the eastern Mediterranean. The initiative secures approval for substantial infrastructure upgrades aimed at elevating the platform’s operational output through the end of this decade.

The expansion roadmap centers on three key operational enhancements. The plan involves drilling additional subsea wells, installing expanded underwater infrastructure systems, and upgrading the processing capabilities of the main production facility. These upgrades collectively target a meaningful boost to the platform’s extraction and processing efficiency.

The Leviathan partnership structure reflects a collaborative energy development model. Chevron Mediterranean Limited, serving as the project operator, holds a 39.66% working interest, while NewMed Energy commands 45.34%, and Ratio Energies maintains 15% stake in the venture. This ownership composition demonstrates the multinational nature of major offshore energy projects in the region.

The investment decision marks a strategic commitment to maximizing the productive potential of an already-established natural gas resource. Timeline projections indicate the upgraded platform should begin delivering enhanced output volumes toward the final years of the 2020s, positioning it as a sustained contributor to regional energy supply.

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