Chevron has temporarily curtailed natural gas production from its large Leviathan field, located offshore Israel, to perform scheduled maintenance work on its fixed platform. This planned activity commenced on 11 November and is being conducted in coordination with Israeli regulatory bodies and in accordance with all necessary permits.

Current Maintenance and Production Impact

The maintenance work is currently focused solely on the Leviathan platform, leading to a temporary reduction in its gas output. However, Chevron has confirmed that production and supply to customers in Israel and the wider region will continue as normal from the separate Tamar gas reservoir.

Future Maintenance and Expansion Projects

A more extensive maintenance period is planned for the fourth quarter of 2025 and the first quarter of 2026. This future work is part of a project to install a third subsea transmission line to the platform and to upgrade the platform's systems. This specific project, referred to as the third gathering line project, is designed to increase the Leviathan field's production capacity from the current 1.2 billion cubic feet per day (Bcfd) to 1.4 Bcfd.

Long-Term Expansion Plans

Concurrently, Chevron is advancing plans for a larger expansion of the Leviathan field. The company is nearing a final investment decision for this scheme, which is expected to increase regional production by an additional 25%. This expansion is a key component of Chevron's goal to double its earnings and free cash flow by 2030. According to stakeholder NewMed Energy, the objective of this larger expansion is to raise the field's production capacity to 2.1 Bcfd of gas.

This material is an AI-assisted summary based on publicly available sources and may contain inaccuracies. For the original and full details, please refer to the source link. Based on materials by Iain Esau,Robert Stewart. All rights to the original text and images remain with their respective rights holders.