Sunday, 3 of May 2020
LEVANT BASIN EASTMED
OFFSHORE LEBANON BLOCK 4
PRELIMINARY DRILLING RESULTS
(Total E&P failed to encounter hydrocarbons
in the Byblos 16/1 exploration well)
Analyst: Monsef Swedan
Late in February,Total’s drill ship Tungsten Explorer arrived in the Exclusive Economic Zone of Lebanon for the drilling operations of the first exploration well on Block 4 offshore Lebanon.
Total had signed an exploration agreement for two East Mediterranean blocks, on February 2018.
The agreements for Blocks 4 and 9 offshore Lebanon. The consortium includes Total as operator (40%), Eni SPA (40%), OAO Novatek (20%. (Fig.1) showing block 4 & 9 in green
LEBANON block 4