Chevron Corporation has reached a Final Investment Decision to expand the production capacity of the Leviathan natural gas field offshore Israel. The expansion plans would increase the field’s annual production to 21 billion cubic meters (bcm), designated to meet both Israel’s growing energy needs and exports to neighbouring countries, according to a press release by the company.

“Our decision to invest in the expansion of Leviathan’s production capacity reflects our confidence in the future of energy in the region. Pragmatic U.S. and regional energy policies are helping to strengthen energy security across the Eastern Mediterranean and foster an environment that encourages investment in the Middle East and globally,” said Clay Neff, president of Chevron Upstream.

This Leviathan field will supply natural gas to Egypt and Jordan alongside Israel, reinforcing Eastern Mediterranean energy security, Chevron Upstream President Clay Neff stated. The expansion reflects confidence in regional policies supporting investment, he added.

The expansion includes drilling three new offshore wells, adding subsea infrastructure, and upgrading platform treatment facilities. Chevron Mediterranean Limited (39.66%) operates alongside NewMed Energy (45.34%) and Ratio Energies (15%).

Leviathan lies 10 kilometers offshore of Dor, Israel. Chevron also operates the Tamar field (Israel), developing Aphrodite (Cyprus), and holds three exploration blocks in Egypt.

Chevron ranks among the world’s top integrated energy firms, producing crude oil and natural gas while manufacturing transportation fuels, lubricants, petrochemicals, and additives. The company also develops technologies to advance its operations and the broader energy sector.