Levant Basın Eastmed Offshore Lebanon Block 4 Prelımınary Drıllıng Results

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

Drilling Campaign

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