French energy company to drill for fuel in Lebanon in 2023
BEIRUT (AA) – The French energy company TotalEnergies said it is committed to drilling for fuel in Lebanon’s Block 9 area in 2023.
The statement was made following a meeting between Lebanese Energy Minister Walid Fayyad and TotalEnergies CEO and chairman Patrick Pouyanné at the French company’s headquarters.
TotalEnergies added that a team consisting of more than 10 people is working and preparing the well, and the working team will increase to 20 by March 2023. It will pick a winning rig at that time, after announcing the tender including the needed equipment for the rig operation.
TotalEnergies owns 60% of Lebanon’s Block 9 and Eni owns the remaining 40%.
In October, Israel and Lebanon signed a US-mediated deal to demarcate the maritime border between the two countries. The deal covers an area in the Mediterranean Sea which contains part of the Karish gas field and Qana, a prospective gas field.