TotalEnergies, Eni, QatarEnergy JV Bids in Lebanon's Offshore Oil and Gas Auction

Illustration only - Credit; nikkytok/AdobeStock
Illustration only - Credit; nikkytok/AdobeStock

A coalition of Total Energies, Eni, and Qatar Energy applied for the second licensing round to bid on oil and gas blocks 8 and 10 in Lebanese waters, just an hour before the deadline on Monday, Lebanon's energy ministry said. 

The consortium is the same one that last month began drilling an exploratory well in Lebanon’s Block 9, one of the blocks falling alongside the newly delineated maritime border between Lebanon and Israel.  

The boundary was drawn last year following U.S.-mediated talks. The deadline to bid on Blocks 8 and 10 had already been extended several times in recent years. 

(Reuters - Reporting by Maya Gbeily; Writing by Tala Ramadan; Editing by Susan Fenton)


Current News

Mainstream Renewable Power Welcomes Australia’s 2.5GW Offshore Wind License

Mainstream Renewable Power Wel

Ørsted Secures First and Lines Up Second Multi-GW Offshore Wind License in Australia

Ørsted Secures First and Lines

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financi

Amplus Sets Up JV to Target Untapped Reserves in West Africa

Amplus Sets Up JV to Target Un

Subscribe for OE Digital E‑News

Offshore Engineer Magazine