REG-TotalEnergies SE Agreement on Maritime Border Line between Israel and Lebanon: TotalEnergies Will Launch Exploration Activities on Block 9

TotalEnergies SEAnnouncement

15/11/2022 07:45

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Agreement on Maritime Border Line between Israel and Lebanon: TotalEnergies
Will Launch Exploration Activities on Block 9

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its partner ENI have
signed, with the State of Israel, a Framework Agreement to implement the
agreement on maritime boundary which has been reached between Israel and
Lebanon on October 27, 2022.

In Lebanon, TotalEnergies is the operator of the exploration Block 9, and
holds a 60% interest, alongside its partner ENI (40%).

Following the signature of this Framework Agreement, the Block 9 partners will
initiate the exploration of an already identified prospect which might extend
both in Block 9 and into Israel waters South of the recently established
Maritime Border Line.

Preparation of exploration activities starts now with the mobilization of the
teams, the purchase of required equipment and the procurement of a drilling
rig.

“TotalEnergies, as the operator of block 9, is proud to be associated with
the peaceful definition of a maritime border between Israel and Lebanon. By
bringing our expertise in offshore exploration, we will respond to the request
of both countries to assess the materiality of hydrocarbon resources and
production potential in this area”, said Patrick Pouyanné, Chairman and
Chief Executive Officer of TotalEnergies.

***

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to energy that is
ever more affordable, cleaner, more reliable and accessible to as many people
as possible. Active in more than 130 countries, TotalEnergies puts sustainable
development in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

@TotalEnergies
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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration Document, the French-language version of which
is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).



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TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)


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