Lebanon News

 

Lebanon Wants TotalEnergies' Consortium to Drill Second Well in Offshore Block 9

Oct 25, 2023

Lebanon wants a consortium led by TotalEnergies to drill another well at offshore Block 9 quickly, after a first well did not find enough natural gas to be commercialized, energy minister Walid Fayad told Reuters.The consortium drilling in Block 9 also includes the Italian energy group Eni and state-owned QatarEnergy. 'They drilled in one single location in Block 9, they have the obligation to do another well but the obligation comes later in time…

Lebanon's Offshore Exploration Hits a Snag: No Hydrocarbon Discovery in Block 9 - Reuters

Oct 13, 2023

No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.Lebanon's energy minister and officials from the Lebanese Petroleum Administration declined to comment…

Offshore Drilling in Lebanon's Block 9 Still Ongoing, Despite Border Clashes with Israel

Oct 11, 2023

Offshore drilling operations in Lebanon's Block 9 are still ongoing, despite recent land border clashes between Lebanon and Israel, Walid Fayad, Lebanon's energy minister, told Reuters.'It's in everyone's interest to continue as long as there are signs of stability…

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

Oct 02, 2023

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…

Lebanon Grants License to Conduct Seismic Studies in Offshore Block 8

Aug 24, 2023

Lebanon on Thursday granted a license to conduct seismic studies on its offshore Block 8 to the companies Bright Skies and GeoX, caretaker energy minister Walid Fayad said.Lebanon hopes gas and oil discoveries will help it to reverse a crippling…

Offshore Drilling Rig Arrives in Lebanon’s Block 9 to Start Exploration

Aug 16, 2023

A drilling rig [the Transocean Barents] arrived in Lebanon’s Block 9 on Wednesday to begin oil and gas exploration, public works and transport minister Ali Hamie said in a post on social media platform X, formerly known as Twitter.The start…

Transocean Barents Leaves Norway. Takes on New Challenge in Lebanon's Offshore Sector

Jul 24, 2023

Transocean Barents, Transocean's semi-submersible drilling rig, which is used to operating in harsher environments such as those in Norway, the UK, and Canada, is now moving to the Mediterranean Sea.Namely, TotalEnergies has informed that the…

Transocean's Fleet Status Report: $1.2 Billion in Offshore Drilling Contracts Secured

Jul 20, 2023

Offshore drilling contractor Transocean said Wednesday it had recently secured contracts and contract extensions worth $1.2 billion in total.In its fleet status report, the company said that contracts had been secured for seven drilling rigs…

Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere

May 19, 2023

Following the recent departures of two Odfjell Drilling-managed semi-submersibles from Norway to Africa, four more rigs have been contracted to work outside of the North Sea region in an upcoming period, with three of them managed by Transocean…

TotalEnergies Hires Semi-submersible Drilling Rig for Lebanon’s Offshore Block 9

May 03, 2023

French oil major TotalEnergies, in agreement with its partners ENI and QatarEnergy, announced on Tuesday that they signed a firm contract with Transocean to hire the drilling rig that will drill an exploration well on Block 9 offshore Lebanon…

QatarEnergy Picks Up Stakes from Exxon in Canadian Offshore Blocks

Mar 29, 2023

Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio.QatarEnergy, the world's largest producer of liquefied natural gas (LNG)…

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…

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…

TotalEnergies Launches Offshore Rig Tender for 2023 Drilling at Lebanon's Offshore Block 9

Dec 12, 2022

French oil major TotalEnergies has launched a tender for an offshore drilling rig to be used next year to drill in Lebanon's Block 9 in the Mediterranean Sea.Patrick Pouyanné, Chairman and CEO of TotalEnergies, received Lebanon's, Minister of…

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…

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