TotalEnergies and Eni announce that they have finalized the transfer to QatarEnergy of a 30% interest in exploration blocks 4 and 9 off the coast of Lebanon, under agreements signed on January 29 in Beirut.

The French oil and gas giant (operator) and its Italian partner will each retain a 35% interest, with QatarEnergy holding the remaining 30%. Their aim is to drill an exploration well on Block 9 as early as possible in 2023.

This new partnership extends the exploration collaboration between TotalEnergies and QatarEnergy, and brings to nine the number of countries in which the two companies are partners.

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