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Noble Gets Green Light for Leviathan Project Offshore Israel

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Noble Gets Green Light for Leviathan Project Offshore Israel

Noble Energy, Inc. announced that it has received approval from the Petroleum Commissioner in the Ministry of National Infrastructure, Energy and Water Resources for the development of the Leviathan project offshore Israel.

The approved Plan of Development (POD) contemplates a subsea system that connects production wells to a fixed platform located offshore with tie-in onshore in the northern part of Israel. The fixed platform's initial capacity is anticipated to start at 1.2 billion cubic feet of natural gas per day (Bcf/d) and is expandable to 2.1 Bcf/d. Leviathan is expected to provide a second source of supply and entry point into Israel's domestic natural gas transport system, while also delivering exports to regional countries. 

The Company also announced the execution of a gas…

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