Leviathan

Israel Explores Diversifying Natural Gas Exports with LNG Facility

Israel Explores Diversifying Natural Gas Exports with LNG Facility

Israel is exploring options for building an onshore or floating LNG (FLNG) facility offshore, potentially expanding the country’s lucrative natural gas exports and its foothold in the global market. Over the past several years, the Israeli Energy Ministry has taken steps to use two of the country’s massive gas discoveries, the Tamar and Leviathan fields,…

May 6, 2024
BP, Adnoc East Mediterranean Partnership to Advance Egyptian Natural Gas

BP, Adnoc East Mediterranean Partnership to Advance Egyptian Natural Gas

Abu Dhabi National Oil Co. (Adnoc) and BP plc are creating a joint venture (JV) focused on Egyptian natural gas production as conflict in Israel and Palestine continues to pressure Eastern Mediterranean energy exports. The new JV, majority-owned by BP (51%), would include the London-based major’s interest in three offshore development concessions, as well as…

February 20, 2024
Chaos in Global Natural Gas Markets Sends TTF Soaring – LNG Recap

Chaos in Global Natural Gas Markets Sends TTF Soaring – LNG Recap

War in Israel, along with the prospect of continued labor strikes at LNG terminals in Australia and a leaking pipeline that connects Finland and Estonia, all combined Monday to send European gas benchmarks soaring. The prompt Dutch Title Transfer Facility finished 15% higher Monday to close near $14/MMBtu. Asian prices are also poised to climb…

October 9, 2023
Chevron, Partners Said Exploring FLNG Unit for Eastern Med’s Leviathan Field

Chevron, Partners Said Exploring FLNG Unit for Eastern Med’s Leviathan Field

The exploration partners in the Leviathan natural gas field offshore Israel, which include Chevron Corp., could invest in a multi-billion dollar floating LNG (FLNG) platform that could boost East Mediterranean gas exports to Europe. Earlier this week, the partnership approved plans to spend $96.4 million on pre-front-end engineering and an estimated 4.6 million tons/year capacity…

February 23, 2023

Nord Stream Operator Gains Access to Survey Ruptured Pipelines – The Offtake

Nord Stream AG, operator of the Nord Stream 1 and Nord Stream 2 natural gas pipeline systems, has been granted access in the security zones around the ruptured lines.

November 14, 2022
Israel Preps Fourth Offshore Bid Round as Collaboration with EU, Egypt on Natural Gas Develops

Israel Preps Fourth Offshore Bid Round as Collaboration with EU, Egypt on Natural Gas Develops

Israel has released a new bid round for offshore natural gas exploration licenses as it moves to aid Europe and boost its position as a regional energy hub. Israel’s Ministry of Energy has mapped around 25 exploration blocks in the Mediterranean Sea that will be grouped into six clusters for bid. The process could officially…

June 6, 2022

4Q2019 Earnings: Noble Ties Natural Gas Growth to Leviathan, with Lower 48 Liquids Driven by DJ, Permian

Houston-based Noble Energy Inc. spent less and produced more in 2019, boosted by the ramp of the Leviathan natural gas field offshore Israel and better performance from Lower 48 properties in Colorado and Texas.

February 12, 2020

Leviathan Natural Gas Now Flowing into Egypt, Israel and Jordan

Natural gas sales from the mammoth Leviathan field offshore Israel as of Wednesday were underway to Egypt, Israel and Jordan, Houston-based Noble Energy Inc. said.

January 16, 2020

Leviathan Natural Gas Field Offshore Israel Ramps Up on New Year’s Eve

Houston-based Noble Energy Inc. hit its target to start up natural gas production from its massive Leviathan project offshore Israel with output starting on the final day of 2019.

December 31, 2019

ExxonMobil Builds Eastern Mediterranean Exploration Prospects Offshore Egypt

ExxonMobil Corp. has secured more than 1.7 million acres to explore offshore Egypt, helping to build its natural gas and oil portfolio in the Eastern Mediterranean.

December 31, 2019
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