Eni

QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.

The deal marks the biggest injection into Libya's flagging oil and gas industry in 2 decades, but not everyone in the ruling government is on board.

The new facility will hook into Eni's FSRUs and other Marine XII development infrastructure.

Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.

The Marine XII area development could see 3 mtpa of LNG production by 2025.

The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.

Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.

The find is part of the Angola Block 15 redevelopment project expected to deliver around 40,000 B/D of additional production.

The new well results boost Baleine field volumes in place by 25%.

Fast-track development options are currently under review for the discovery.