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France’s TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon, the French firm said on January 29.
“We are very pleased to welcome QatarEnergy in our exploration acreage in Lebanon. The recent delineation of Lebanon’s maritime border with Israel has created a new momentum for the exploration of its hydrocarbon potential,” said TotalEnergies CEO Patrick Pouyanne.
Block 9 has a total area of 1,749 km2 and lies about 80 km off the coast of southern Lebanon in water depths of approximately 1,700 m, while block 4 has a total area of 1,911 km2 and is located in water depths of about 1,500 m.
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations,” Pouyanne added.
TotalEnergies and QatarEnergy are now partners in exploration activities in nine countries.
