Contact

Category: Leviathan

  • Chevron suspends work on Leviathan third pipeline

    •

    Investor Empires

    NewMed Energy (TSE: NWMD), the Delek unit that holds a 45.34% stake in the Leviathan gas field, has notified the Tel Aviv Stock Exchange (TASE) that field operator Chevron, which holds a 39.66% stake, has decided to suspend work. Work on extending a marine pipeline within the third pipeline project,…

  • Leviathan partners sign $150m Haifa Group gas deal

    •

    Investor Empires

    The partners in Israel’s Leviathan offshore gas field – NewMed Energy (TASE: NWMD) (45.34%), Chevron Mediterranean (39.6%), and Ratio Energies (TASE: RATI-L) – announced the signing of an agreement to supply the Haifa Group with 0.75 billion cubic meters of gas over seven years. The deal is worth $150 million.…

  • Leviathan partners investing $429m to expand production

    •

    Investor Empires

    Leviathan platform: Image from Albatross website Israeli startups raise over $700 million in July Elbit wins $340 million ammunition deal with Israel’s Defense Ministry Completion of the Israeli offshore project will allow annual production capacity to increase from 12 billion cubic meters to 21 billion cubic meters. […] The post…

  • Regulator signals nod for expansion of Leviathan production

    •

    Investor Empires

    The Petroleum Commissioner at the Ministry of Energy and Infrastructure has indicated to the partners in the Leviathan offshore natural gas field that they will be allowed to significantly expand production, from 12 billion cubic meters to 21 billion cubic meters. This is not yet an export permit, but rather…