News Digest (www.upstreamonline.com)
A consortium comprising TotalEnergies, Eni, and QatarEnergy has signed an exploration agreement for Block 8 offshore Lebanon. TotalEnergies holds a 35% operating stake, Eni holds 35%, and QatarEnergy holds 30%.
The initial work programme involves acquiring 1,200 square kilometres of 3D seismic data. Block 8 is located in the gas-rich Levantine basin, a region where neighbouring Israel has experienced significant drilling success. The block lies about 70 kilometres off Lebanon's southern coast in water depths of 1,700 to 2,100 metres.
Block 8 is situated immediately west of Block 9, where TotalEnergies drilled an unsuccessful exploration well (Qana-1) in 2023. Despite this, the consortium remains committed. TotalEnergies' CEO stated the focus will now shift to Block 8. Analysis of the Qana-1 well confirmed the presence of high-quality reservoir sands and gas shows.
Block 8 was awarded under Lebanon's third offshore licensing round, which closed on 28 November 2025. It is unclear if bids were submitted for the eight other blocks available in that round. Following the Block 8 signing, Lebanon's Energy Minister announced plans for a fourth licensing round. The Ministry of Energy & Water and the Lebanese Petroleum Administration (LPA) are preparing the terms to attract international investment in open offshore blocks.
According to the LPA, the TotalEnergies, Eni, and QatarEnergy consortium retains control over Block 9.
9 January 2026
This material is an AI-assisted summary based on publicly available sources and may contain inaccuracies. For the original and full details, please refer to the source link. Based on materials by Iain Esau. All rights to the original text and images remain with their respective rights holders.