Overview
- TotalEnergies will operate the Block 8 license with a 35% stake alongside Eni at 35% and QatarEnergy at 30%.
- The consortium’s first step is a 1,200 square kilometer 3D seismic survey, with a potential exploration well planned in the license’s second phase.
- Block 8 lies off southern Lebanon near the Israeli maritime boundary, following a 2022 border agreement that unlocked southern exploration.
- An earlier well at Qana in nearby Block 9 did not yield commercial volumes, and officials say the technical report has been delivered with a public summary expected soon.
- Beirut is preparing a fourth offshore licensing round, with amended fiscal and contractual terms due to go to the cabinet within weeks.