TotalEnergies is keen to start work on Lebanon's offshore Block 9 'as soon as possible', with assessments to begin early next month and well-drilling to launch in the third quarter of 2023, its CEO Patrick Pouyanne said on Sunday.Pouyanne was speaking at a joint news conference in Beirut after signing a three-way consortium deal with QatarEnergy and Eni to explore oil and gas in two maritime blocks off the coast of Lebanon known as Blocks 4 and 9…
QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday.The announcement said agreements would be signed on Sunday…
Lebanon has again extended the deadline for applications to explore for hydrocarbons in eight offshore blocks, the energy ministry said on Friday.The deadline had already been extended several times, most recently from June until Dec. 15. Lebanon’s…
Israeli and Lebanese leaders finalised a U.S-brokered maritime demarcation on Thursday, bringing a measure of accommodation between the enemy states as they eye offshore energy exploration.Leaders from Lebanon, Israel and the United States have…
TotalEnergies and the Lebanese government have reached a deal handing the French oil major temporary majority control of an offshore exploration block and paving the way for negotiations with Qatar over a stake in the gas project, two sources said…
U.S. energy envoy Amos Hochstein will be in Beirut next week carrying a copy of the maritime agreement with Israel for Lebanese officials to sign, Lebanese negotiator Elias Bou Saab told Reuters on Wednesday. The deal - hailed by all three…
The Lebanese army said on Sunday that Israeli gunboats violated Lebanese territorial waters several times on Saturday in an area opposite Ras Naqura near the border between the two countries, an accusation Israel denied.The statement said there…
Lebanon's caretaker energy minister said on Friday that Qatar has expressed an interest in joining a consortium involving Eni and TotalEnergies that is exploring for oil in the eastern Mediterranean sea.A post on the official cabinet Twitter account…
Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.Prime Minister Yair Lapid's security cabinet said the deal should be 'urgently' green-lit…
Lebanese caretaker energy minister Walid Fayyad said that French gas giant TotalEnergies would begin the process of exploring for gas in Lebanese waters as soon as a maritime border deal with Israel is concluded.Fayyad made the comments after meeting a senior TotalEnergies delegation in Beirut…
Lebanon and Israel are closer than ever to signing a deal demarcating their maritime border, opening the door to new oil and gas exploration, after years of U.S.-brokered negotiations.While limited in scope, the agreement is set to ease security and economic concerns in both countries…
Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas prospect. Hoping to defuse one source of conflict between the hostile countries and prod them toward accommodation…
The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The…
Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig , which the Israeli military said it had intercepted. [Reuters illustrated the news with a photo of Stena Drilling's Stena IceMax drillship]…
The American Petroleum Institute, the top U.S. oil lobby organization, on Tuesday urged President Joe Biden’s administration to lift a slew of restrictions on fossil fuel development to help ease soaring energy prices.The request underscores…