Israeli Power Producer Launches Arbitration vs Chevron's Leviathan Partners

Rigzone·Oct 26, 2026 · 5:14 AM CT

Readthrough summary

Israeli power producer Dalia Energies has launched arbitration in London after NewMed Energy and Ratio Energies, Chevron's partners in the Leviathan gas field, ended a planned 20-year supply deal. The contract, which excluded Chevron, covered up to about 1.3 billion cubic meters a year from 2030 and was expected to bring the sellers about $6.7 billion.

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