This article was published in the May 2017 edition of Executive Magazine.
There’s no shortage of headlines about Russian grand design for the Eastern Mediterranean. It predated Russia’s military intervention in Syria, but setting a foot in the region, …
The past three weeks oil and gas have been the focus of chaotic political discussions fueled by a number of events, including developments related to the maritime border dispute between Lebanon and Israel, and the postponement of the first licensing …
Lebanon – First licensing round:
According to the Offshore Petroleum Resources Law, companies wishing to acquire an exploration license should constitute consortiums of three companies, one of which an operator, and jointly submit a bid. On 11/06, TPAO’s acting president …
Lebanon – Pre-qualification round:
In accordance with the Ministry’s schedule, caretaker Energy Minister Gebran Bassil held a press conference on 18/04, at the Petroleum Administration’s office, to announce the list of companies that qualified and are eligible to participate in …
Update: In 2017, Lebanon opened the door for more companies to pre-qualify for the first licensing round. The full list is available here.
Caretaker Energy Minister Gebran Bassil held a press conference today, 18/04, to announce the list of …
Lebanon – Cyprus:
Cyprus minister of Energy, Commerce, Industry and Tourism Giorgos Lakkotrypis arrived to Beirut on 03/04, in his first official visit since he was appointed, to discuss cooperation in the energy and water sectors. Lakkotrypis held talks …
Lebanon – Pre-qualification round:
In accordance with previously set deadlines, caretaker Energy Minister Gebran Bassil held a press conference on 28/03 – the closing day for the pre-qualification round – along with the members of the Petroleum Administration’s board, …
Lebanon – Reserve estimates:
Companies that have conducted seismic surveys in the past few years off the Lebanese shores have had a noticeable media presence this week, driven by a desire to market their products, roughly 20 days after …
Lebanon – Russia:
Lebanese President Michel Slaiman paid a 5-day visit to Russia on 19-23/01. The purpose of the visit was to receive the annual prize of the International Foundation for the Unity of Orthodox Christian Nations for his …