South Korean shipbuilding major Hanwha Ocean has been awarded the Leviathan expansion module fabrication project by US supermajor Chevron.
Located offshore Israel, the Leviathan expansion project entails the fabrication of additional modules to be integrated into the currently operating platform, increasing the field’s production.
Since the third quarter of 2024, Hanwha Ocean has supported Chevron on the project’s development, including providing constructability input.
The successful execution of this project is expected to meet the growing energy needs of local and regional markets.
Chevron and its partners in the project reached a final investment decision to expand the production capacity of the Leviathan production platform in mid-January.
The Leviathan expansion project is expected to come online near the end of the decade. The project includes drilling three additional offshore wells, adding additional subsea infrastructure, and enhancing the treatment facilities on the Leviathan production platform.
The Leviathan production platform is located approximately 10 km offshore Dor, Israel. Leviathan working interest owners include Chevron as the operator with a 39.66% stake, while NewMed Energy and Ratio Energies hold 45.34% and 15%, respectively.
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