Frenchman Levy bounced back from two bogeys on Saturday to level with South African Els, who led by one stroke heading into round three, and Swede Noren.
"I'm very happy. It was great for me to play with a fantastic player," Levy said of partnering with Els for the day. "It's nice to play with him, very happy. It was unbelievable."
Els carded a 69 for the second day running and remains confident he can snare the title on Sunday.
"I'm swinging nicely and I've had my back against the wall, so to speak, the last two rounds where I've had to come back and try to salvage something. I did it again today."
Noren, who hit five birdies and an eagle during the third round, said: "I hit a lot of good shots and a few bad ones, but you always do.”
Englishman Matthew Baldwin and Denmark’s Thomas Bjorn are a shot behind the leading trio, with the latter sinking nine birdies in a fantastic 65 round to surge into contention.
"I needed to shoot a round to give myself a chance tomorrow, and I've done that," said Bjorn, the 2000 and 2002 winner.
"The first two days it's been decent but not great. I stepped it up today and that gives you a little bit of confidence tomorrow."
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