ROME (dpa-AFX) - Eni S.p.A. (E), an Italian energy firm, and its partner Total Energies SE (TTE), a French petroleum company, completed the transfer of a 30 percent interest in exploration Blocks 4 and 9 off the coast of Lebanon to QatarEnergy.
Financial terms of this transaction are not known.
With this transfer, Eni will hold a 35 percent interest in the blocks, followed by QatarEnergy a 30 percent, and the operator- TotalEnergies the remaining 35 percent.
'The operation strengthens the strategic cooperation with QatarEnergy, a partner in Qatar, Oman, Mexico, Morocco and Mozambique, and confirms the interest of the exploratory basins in the Eastern Mediterranean,' Eni said in a statement.
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