Hanwha Ocean has been selected by Chevron to fabricate additional modules for the Leviathan expansion offshore Israel, with the new units set to be integrated into an already operating production platform to lift output and expand gas export capacity.
The contract was awarded by Chevron Mediterranean Limited (CML), a subsidiary of Chevron. The scope covers building extra modules that will be installed on the current platform. CML said Hanwha Ocean has supported development activities since Q3 2024, including providing constructability input.
The award follows a final investment decision announced less than two months earlier for the Leviathan natural gas reservoir. Expanded production capacity from the strategic offshore Israel platform is expected to come online toward the end of this decade.
Planned work for the expansion includes drilling three additional offshore wells, installing more subsea infrastructure, and upgrading treatment facilities on the platform located about 10,000 m offshore Dor, Israel.
Working interest owners are CML as operator (39.66%), NewMed Energy (45.34%), and Ratio Energies (15%). Work is currently under way to raise total gas deliveries to Israel and regional markets to around 21 bcm per year from the reservoir.
Philippe Levy, President of Energy Plant Unit at Hanwha Ocean, said the company would remain committed to safe execution and to reinforcing its long-term partnership with Chevron.
Separately, the source text said a military operation against Iran launched by the U.S. and Israel over the weekend has already led to the closure of the Strait of Hormuz and the shutdown of QatarEnergy’s LNG production, with the company also declaring force majeure to buyers.
