Lebanese Petroleum Administration News

 

TotalEnergies, Partners to Start Drilling Offshore Lebanon in Q3 2022

Jan 29, 2023

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 to Join TotalEnergies, Eni in Lebanon Offshore Exploration

Jan 27, 2023

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 Extends Offshore Exploration Licensing Round Deadline Again

Dec 09, 2022

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…

Israel, Lebanon Finalize Maritime Demarcation Deal without Mutual Recognition

Oct 27, 2022

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 Secures Temporary Control of Lebanese Offshore Gas Project -sources

Oct 27, 2022

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. Envoy in Lebanon Next Week with Maritime Deal to Sign

Oct 19, 2022

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…

Lebanon Claims Israeli Gunboats Violated Its Territorial Waters

Oct 17, 2022

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…

Lebanese Official Says Qatar Wants to Join Oil & Gas Consortium in Eastern Med

Oct 14, 2022

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…

Israel Fast-tracks Lebanese Maritime Deal but Lawmaker Review Looms

Oct 12, 2022

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…

TotalEnergies Set to Explore for Gas in Lebanese Waters, says Energy Minister

Oct 11, 2022

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…

Israel, Lebanon Closing in on Maritime Border Deal

Oct 06, 2022

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 Upbeat on Draft Lebanese Demarcation Deal, Sees Gas Profit Sharing

Oct 03, 2022

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…

Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction

Sep 14, 2022

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…

Hezbollah Sends Drones Towards 'Gas Rig' at Israel's Karish Offshore Gas Field

Jul 04, 2022

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]…

US Oil Lobby Pushes Biden to Roll Back Fossil Fuel Curbs

Jun 14, 2022

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…

Current News

Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

Nigeria Introduces Oil Tax Rel

Gazelle Secures Multi-Million Funding for Floating Wind Demo

Gazelle Secures Multi-Million

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

OMV Exits Ghasha Gas Project o

Island Frontier MSV Wraps Up West Africa Campaign for Oceaneering

Island Frontier MSV Wraps Up W

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine