In September 2014, Jordan’s National Electric Power Company (NEPCO) signed a letter of intent with US company Noble Energy to import natural gas from the Leviathan field, located in the Mediterranean off the shores of Haifa. The Leviathan field, the largest offshore gas field found in the last decade, is co-owned between US-based Noble Energy, with only 39% shareholding of the field, and a consortium of three Israeli companies namely Delek Drilling, Avner Oil and Ratio Oil, owning majority shares in the Leviathan.