French TotalEnergies is set to launch long-awaiting drilling offshore Lebanon in Q3 of this year, with the restive, energy-starved country now awaiting news of a potential first discovery by the end of 2023. The consortium drilling offshore Lebanon in Block 9 is led by TotalEnergies, with partners Italian Eni and …
Read More »TotalEnergies Says to Explore for Gas in Lebanon Waters
French firm TotalEnergies has signed a contract to begin drilling and exploring for gas this year in waters off crisis-hit Lebanon, the company said in a statement. “TotalEnergies in agreement with its partners Eni and QatarEnergy has signed a firm contract with Transocean to hire the drilling rig that will …
Read More »TotalEnergies Committed to Start Lebanon Drilling next Year
TotalEnergies on Monday said it was working towards exploiting its new Lebanon Block 9 offshore gas project from next year, adding that it would likely select the vendor for a new drilling rig in the the first quarter of 2023. “Pre-orders have also been placed with suppliers for equipment required,” …
Read More »France Proposes a Libyan-French Committee to Develop Libya’s Oil Industry
French Ambassador to Libya, Mostafa Mihraje, has called for establishing a joint committee between the French Petroleum Institute and the Libyan oil sector, expressing the readiness of his country’s companies to provide technical assistance on this side. Mihraje held talks with Libya’s Minister of Oil and Gas, Mohamed Aoun, which …
Read More »QatarEnergy in Talks for 30% Stake in Lebanon Offshore Gas Project
State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies and ENI on this matter, CEO Saad al-Kaabi confirmed on Sunday. Two sources told Reuters last week that TotalEnergies and the Lebanese government have reached …
Read More »Macron Vows to Follow up French Energy Giant Total’s Oil Exploration in Lebanon
French President Emmanuel Macron on Saturday promised to follow up French energy giant Total’s oil and gas exploration in Lebanon to ensure its continuous work, a statement by Lebanon’s Presidency reported. “You can count on Total’s commitments; I will follow up on the matter,” Macron said in a phone call …
Read More »Iraq Agrees to Provide Lebanon with Fuel for another Year
Lebanon and Iraq renewed their fuel agreement today. Lebanese Prime Minister Najib Mikati said in a statement that the agreement has been renewed for one year, with the same conditions as the previous deal. Iraq and Lebanon signed an agreement last July for Iraq to provide Lebanon with 1 million …
Read More »Iraq to Send Lebanon Fuel in Face of Faltering Power Supply
Iraq has signed an agreement allowing the cash-strapped Lebanese government pay for one million tonnes of heavy fuel oil a year in goods and services, helping Lebanon ease its acute power shortage, the two sides said on Saturday. Lebanon is in the throes of an economic meltdown threatening its stability. …
Read More »Lebanon Prepares to Sign the “Oil Agreement” with Iraq
A Lebanese newspaper revealed that the government is preparing to sign an agreement with Iraq, according to which Lebanon will receive 500 thousand tons of oil crude for a year, in exchange for medical equipment, medicines, and consulting services. Al-Akhbar newspaper, quoting private sources, stated that the Lebanese government is …
Read More »Iraq Sends a Million Liters of Fuel to Lebanon
The Iraqi Oil Minister, Ihsan Abdul-Jabbar announced today, Sunday, that 30 tankers carrying more than a million liters of fuel oil will be heading to Beirut from Iraq. Abdul-Jabbar said in a statement received by Shafaq News agency, “The new batch of fuel oil comes as part of the assistance …
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