Chevron plans decommissioning of Israel's Yam Tethys gas platform

While Chevron prepares to decommission the aging Yam Tethys platform in 2028, operators are also advancing new gas transportation infrastructure and exploration programs offshore Israel.

Why this news matters:

  • The planned retirement of the Yam Tethys platform signals a new phase for Israel's offshore sector, as some of the country's earliest gas developments move from production into decommissioning and abandonment planning. 

  • New pipeline infrastructure, upcoming seismic acquisition and a fresh licensing round indicate that offshore Israel continues to attract investment even as legacy assets approach the end of their operating lives.

Chevron Mediterranean will seek to decommission the Yam Tethys platform offshore Israel in 2028.

However, the timing and apportioning of costs will be subject to agreements between the partners in the Yam Tethys and offshore Tamar project, co-venturer NewMed Energy said in an update.

The platform started receiving gas from the Mari B Field in 2004, later supplemented by gas from the smaller Noa and Pinnacles satellite fields, both tied back to the main facilities at Mari B.

NewMed also revealed that on July 8 Chevron received a letter from Israel Natural Gas Lines that hot commissioning tests had finished on a newly laid subsea pipeline in the subsea transmission section between Ashdod and Ashkelon, and that gas was now flowing through the new line.

In September, acquisition is due to begin of a combined 2D/3D seismic survey over Israel’s offshore Zone I licenses blocks 4, 5, 6, 7, 8 and 11. The three-month survey has an overall cost of about $22 million.

Finally, NewMed noted that the fifth bid round for exploration of natural gas in Israel's EEZ, published on July 6, offers five exploration zones covering an overall area of about 7,100 sq km.

The bidding period starts on Sept. 15 and ends on Nov. 11, with the winners and license awards due to be declared between December and first-quarter 2027. 

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About the Author

Jeremy Beckman

Staff Writer / Editor, Europe

Jeremy Beckman has been Editor Europe, Offshore since 1992. Prior to joining Offshore he was a freelance journalist for eight years, working for a variety of electronics, computing and scientific journals in the UK. He regularly writes news columns on trends and events both in the NW Europe offshore region and globally. He also writes features on developments and technology in exploration and production.

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