Hanwha Ocean receives a Chevron Mediterranean award to fabricate added modules for Israel’s offshore Leviathan expansion, following development support that began in Q3 2024.
Chevron signs lease agreements for four offshore exploration blocks in Greece, holding a 70% operating interest with HELLENiQ ENERGY and planning 2D and 3D seismic programmes.
Chevron and partners have taken FID to expand the Leviathan gas platform offshore Israel, adding new wells and subsea infrastructure to lift gas deliveries to Israel and regional markets to about 21 bcm a year.
According to Reuters, PDVSA is shutting in wells and joint ventures as a US oil embargo freezes exports, fills storage, disrupts Russian diluent supplies and raises risks for refining and fuel markets.
Chevron is investing $2 billion in the Gorgon Stage 3 backfill project to connect the Geryon and Eurytion gas fields to Gorgon’s existing infrastructure, sustaining production for domestic and international markets.
Egypt has opened a four-block offshore licensing round in the Red Sea, inviting bids until May 2026 under a new R-factor-based production-sharing model.
Allseas will install the 150 km, 24-inch Rome Pipeline for Shell and Chevron’s joint venture, enhancing oil transport capacity and efficiency in the U.S. Gulf.
ABL has been awarded a contract by Chevron to provide marine warranty survey and third-party support services for wellhead platform installations and rig moves in the Gulf of Thailand.
