Israeli Prime Minister Benjamin Netanyahu on Feb. 1 inaugurated the foundation of the Leviathan natural gas rig, effectively stomping out protests from residents and environmentalists who say it is too close to shore.
Leviathan, discovered in 2010, is one of the world’s largest gas discoveries of the past decade. The rig’s foundation, known as a platform jacket, arrived on a barge that sailed from Texas. Its topside is expected in several months. It is expected to be completed by the end of this year.
“Israel is becoming an energy power. Israel is independent, and is not dependent on anyone for its energy needs,” Netanyahu told reporters at the site, about 120 km (75 miles) off Israel’s Mediterranean coast.
Leviathan will be connected by a subsea pipeline to a production platform much closer to shore, just 10 km (6 miles) from a popular beach, angering some opposition lawmakers, environmentalists and residents.
They have demanded, with several unsuccessful petitions to Israel's Supreme Court, the rig be pushed farther out to sea. But the arrival of the platform's massive legs effectively stomps out the protest and any doubt it created around the completion of Israel's largest energy project ever.
The project operator, Texas-based Noble Energy, has a 39.66% stake in the field, while Israel’s Delek Drilling holds a 45.34% share, and Ratio Oil has the remaining 15%.
Exxon Mobil had set a May 1 deadline to lock out and replace union-represented workers from its Beaumont, Texas, complex with managers and temporary staff if there were no vote on a company proposal.
Exxon Mobil CEO Darren Woods said he aims to lure the region’s top 50 CO₂ emitters, and is lobbying federal, state and local officials for support to advance a carbon capture and storage project along the U.S. Gulf of Mexico.
Pioneer Natural Resources, which operates in the Permian Basin in West Texas, said that its total output was 474,000 boe/d in the first quarter, compared with 364,000 boe/d of production in fourth-quarter 2020.