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European Investor 17 Jan 2026, 11:57
Chevron has taken a Final Investment Decision to expand the Leviathan offshore gas field in Israel, increasing production capacity to around 21 billion cubic meters per year. The project includes drilling three new wells, adding subsea infrastructure, and upgrading processing facilities, with start-up expected toward the end of the decade. The expansion aims to strengthen energy supply for Israel, Egypt, and Jordan and enhance regional energy security.

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