Get all your news in one place.
100's of premium titles.
One app.
Start reading
Radio France Internationale
Radio France Internationale
World
Michael Fitzpatrick

TotalEnergies, ENI sign deal with Israel on gas field shared with Lebanon

Investment in oil and gas exploration is set to soar 85 percent over the next decade, reaching one trillion euros annually by 2029. AFP/File

French power operation TotalEnergies and Italian hydrocarbon company ENI have jointly signed a framework agreement with Israel to exploit a gas field shared with Lebanon, the French energy supplier said Tuesday.

This provisional deal with two of Europe's biggest energy suppliers comes in the wake of an October agreement between Lebanon and Israel, which resolved a long-standing dispute over the maritime border separating the two states in the eastern Mediterranean.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.