A consortium working for Lebanon’s first-ever offshore exploration well has finished drilling work at the site but initial results indicate a ‘negative result’ in the block. “Total E&P Liban has completed the drilling of Byblos well 16/1 on Block 4 to a depth of 4,076 meters,” state news agency NNA reported. The joint venture between Total and ENI – who owns a 40 percent stake separately – and Novatek, which ...