After months of talks and intensive negotiations, the high profile $35bn Israel-Egypt gas export deal “has taken effect,” says NewMed Energy, a partner at the Chevron-operated 1.2bn cfd Leviathan gas field.

On 16 January, Chevron announced that it has met the final condition of the deal by taking a final investment decision (FID) on expanding Leviathan to 2.1bn cfd by 2029 (MEES, 8 August 2025). (CONTINUED - 824 WORDS)