News listings

energy-pedia exploration

Lebanon flagLebanon

Middle East / Africa >>> Lebanon

Total-led consortium starts drilling Lebanon's first offshore oil and gas exploration well


26 Feb 2020

Photo - see caption

Lebanon's much-delayed search for offshore oil and gas is set to begin on Thursday with the results from its first exploratory well expected in the next two months, the chairman of the Lebanese Petroleum Administration (LPA) said.

Lebanon is on the Levant Basin in the eastern Mediterranean, where a number of big sub-sea gas fields have been discovered since 2009, including the Leviathan and Tamar fields located in Israeli waters near the disputed marine border with Lebanon.

The first well is to be drilled in Block 4, with wells in Block 9, close to the Israeli-Lebanese border, later this year.

Background

Total announced in February 2018 that a Total-led international consortium (Total 40%, Eni 40%, Novatek 20%) and the government of Lebanon had signed two Exploration and Production Agreements covering Blocks 4 and 9 located offshore Lebanon, in the eastern part of the Mediterranean Sea. The agreements provide for the drilling of at least one well per block in the first three years. The blocks were awarded as part of the 1st offshore licensing round, launched by the Lebanese government in January 2017.

Photo - see caption
Location of Blocks 4 & 9 (2nd Round blocks on offer shown in green)

See related article: Total and Eni awarded two exploration blocks offshore Lebanon (with map)

Click here for full Reuters article

Source: Reuters via Nasdaq / energy-pedia / Total





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 277

Completed Deals

Completed Upstream Deals: 6458

Company Profiles

Current Company Profiles: 2886

Corporate Activity

Current Corporate Activity articles: 4036

Companies Looking

Current number of articles: 463

Company Sales

Current Company Sales articles:1622

Geostudies

Current Geostudies articles: 917

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

OPC
Union Jack Oil 149
Syntillica
energy365
Bayphase
Government of South Australia
Rose & Assocs 180
Merlin
Borchwix
Telos NRG
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com