Leviathan

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…

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…

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.

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…

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.

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.

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.

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.

Noble Energy Inc. said Thursday its two mega natural gas projects offshore Israel gained steam during the third quarter, with the Tamar field reaching a milestone of 2 Tcf and first volumes from the Leviathan field set to begin in December, ahead of schedule and below budget.