Chevron set to light touchpaper on FLNG contest

Chevron is set to kick off critical engineering studies within weeks on a mighty floating liquefied natural gas vessel in Israel, targeted for use on its 22 trillion cubic feet Leviathan field, an asset the US supermajor’s chief executive described recently as “beautiful”.

Leviathan currently produces about 1.2 billion cubic feet per day of gas from subsea wells linked to a platform on the continental shelf, with output piped to Israel, Jordan and Egypt.

A second development phase — known as 1B — aims to boost output by 870 million cubic feet per day, the bulk of which could be used as feedstock for a 4.6