Lebanon signs deal with three international oil companies

Friday, 9 February 2018

Lebanon has signed a deal with an international consortium to start exploratory offshore drilling for oil and gas in what the country hopes will help boost its struggling economy. The signing ceremony was held on Friday in Beirut and was attended by President Michel Aoun and officials from the three oil companies, Italy's Eni, France’s Total and Russia’s Novatek. The agreement came two months after Lebanon’s government approved the licenses for the international consortium to ...

Lebanon gives go-ahead to first offshore energy exploration

Thursday, 14 December 2017

Lebanon’s cabinet approved a bid on Thursday by a consortium of France’s Total, Italy’s ENI and Russia’s Novatek, in the country’s much-delayed first oil and gas offshore licensing round, a government source told Reuters. Exploratory drilling is expected to start at the beginning of 2019, Energy and Water Minister Cesar Abi Khalil said in a statement. “Congratulations to the Lebanese people on the passing of the oil decree and on Lebanon entering the club of ...

Majnoon field: Iraq may offer Total, Chevron terms different from Shell

Saturday, 21 October 2017

Iraq may offer Chevron and Total terms to develop the Majnoon oilfield different from those it had given to Royal Dutch Shell, Iraqi Oil Minister Jabar al-Luaibi said on Saturday. Iraq will develop the Majnoon oil field in southern Iraq by its own means until it can find a foreign partner, Luaibi told reporters, adding that no company has been selected yet. Luaibi said on Oct. 9 that Chevron and Total are among the companies that have expressed interest in developing ...

ADNOC in ‘advanced discussions’ over offshore oil stakes

Monday, 7 August 2017

The United Arab Emirates' main state oil company is planning to split up its offshore oil operations and is in “advanced discussions” with multiple companies interested in stakes.The Abu Dhabi National Oil Company (ADNOC) said on Monday that more than a dozen companies are involved in the talks, and that they include both existing partners and new firms. It did not name them.International shareholders with existing stakes in offshore fields include BP, Total and Exxon Mobil.ADNOC ...

Total files arbitration against Algeria on oil tax change

Sunday, 3 July 2016

Newspaper Le Monde reported on Saturday that Total and its Spanish partner Repsol had initiated litigation at the International Court of Arbitration

Qatar Petroleum, Total form new company to develop oil field

Tuesday, 28 June 2016

The deal pushes out Denmark’s Maersk Oil, which had been operating the field for nearly 25 years

Iran hails new cooperation with France’s Total

Wednesday, 29 July 2015

Under pressure from the French and U.S. government, the French company eventually stopped all production in Iran in 2010

France Total’s Moroccan unit to raise up to $75m in IPO

Sunday, 3 May 2015

French-owned company has more than 270 service stations across the Morocco

Total CEO hails Abu Dhabi concession as ‘blockbuster’

Thursday, 12 February 2015

As of Thursday, the oil companies did not have any indication from ADNOC on the status of their revised bids

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