October 2023
Upstream situation in Eastern Mediterranean deteriorates
January 30, 2023
The partnership marks QatarEnergy’s first exploration endeavor in Lebanon and confirms exploratory basin interests in the Eastern Mediterranean. Eni and TotalEnergies will hold a 35% interest after the transfer.
November 15, 2022
TotalEnergies SE and Eni SpA are preparing to explore for natural gas in previously contested waters off the coasts of Lebanon and Israel, following last month’s accord between the two nations.
October 27, 2022
Lebanon and Israel have signed a U.S.-brokered deal that ends a dispute over gas-rich waters in the Mediterranean, paving the way for the development of energy resources.
December 26, 2019
If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in.
February 09, 2018
Total-led international consortium (Total 40%, ENI 40%, Novatek 20%) signed two Exploration and Production Agreements (EPA) with the Republic of Lebanon, covering Blocks 4 and 9, located in the deep waters offshore Lebanon.
March 14, 2017
Stelios Nicolaides, Director of Hydrocarbons Service for the Republic of Cyprus' Ministry of Energy, Commerce, Industry and Tourism delivered welcoming remarks on behalf of George Lakkotrypis, Minister of Cyprus' Ministry of Energy, Commerce, Industry and Tourism.
January 27, 2017
Lebanon wants to auction energy rights to areas in the Mediterranean Sea contested by neighboring Israel and will invite more companies to qualify for bidding next month.
January 04, 2017
Lebanon approved two measures allowing it to auction its first offshore oil and natural gas rights, ending three years of delays that kept the tiny country from joining a regional race to tap energy wealth in the eastern Mediterranean.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.