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Lebanon to sign Block 8 seismic survey deal, consortium may decide on drilling after surveys

08-01-2026 | 04:04

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Lebanon to sign Block 8 seismic survey deal, consortium may decide on drilling after surveys

Lebanon’s energy ministry is set to sign a contract on Friday with a consortium made up of TotalEnergies, Eni, and Qatar Petroleum to carry out seismic surveys in Block 8.

Sources told LBCI that the three-year contract will allow the consortium to decide, based on survey results, whether to proceed with drilling a well in the block.

Meanwhile, sources within the Lebanese Petroleum Administration suggested that once the Block 8 contract is signed, TotalEnergies may relinquish its rights to Block 9.

The move could strengthen the role of TotalEnergies and QatarEnergy in developing electricity projects, either through solar energy or by deploying a floating storage regasification unit (FSRU) to generate electricity from gas.

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