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June 03, 2016

Deepwater Leviathan development approves by Israel

Noble Energy’s gas sales from its fields offshore Israel averaged 266 MMcf/d during 1Q, up 10% on the corresponding figure last year.
The higher volumes resulted from an increased dispatch of natural gas versus coal in the power generation sector and growth from industrial customers.

Reservoir performance at the deepwater Tamar field remained strong, with zero facility downtime.
Noble has so far executed one gas sales contract for Leviathan, its next deepwater development in the region, with discussions progressing toward final agreements with regional export customers.
The company also re-submitted its initial Leviathan field development plan to the government, which includes a fixed and expanded platform design.

Israel’s National Planning Committee recently approved the locations of the platform and the pipeline connection to northern Israel.
Current plans are for initial deliverability of 1.2-2.1 bcf/d, dependent on natural gas sales contracts.
In West Africa, Noble expects the new B3 compression platform to start operating on the Alba field off Equatorial Guinea by mid-year. The facility is designed to enhance full field recovery.
Offshore Gabon, a new 3D seismic survey has started over the Noble-operated block F15.

(offshore-mag)

Deepwater Leviathan development approves by Israel Rating: 4.5 By: Admin

1 Comments:

  1. Great. This bring Israel to new heights as a exporter of natural gas. Delek Drilling make this dream possible. Thanks

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