ISRAEL/EGYPT/CYPRUS

Leviathan Go-Ahead Awaits Egypt Deal

By far the East Mediterranean’s largest gas discovery is Israel’s 22 tcf Leviathan field. Operator Noble Energy (39.66%) and Israeli partners Delek (45.34%) and Ratio Oil (15%), last month submitted a $6.5bn Phase-1 development plan to Israel’s Energy Ministry (MEES, 24 October). This envisages production via a 16 bcm/year (1.6bn cfd) floating production and storage vessel (FPSO) with gas piped from there to Israel,...