Lebanon: Will it be possible to avoid another tender delay?
Despite the political deadlock, the Petroleum Administration is pursuing its efforts to push for the adoption of the two missing decrees that are required to move forward with the first …
Lebanon: The Oil & Gas Report, June 02, 2014 Read More »
Presidential election: Samir Geagea, first candidate to include oil & gas in electoral program
The Lebanese Parliament will convene on April 23 to elect a new President. However, no progress is expected to emerge until the last minute of President …
Lebanon: The Oil & Gas Report, April 21, 2014 Read More »
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: The Oil & Gas Week, June 17, 2013 Read More »
Lebanon – Local politics:
Lebanese MPs decided on Friday 31/05 to extend the mandate provided to them for four years by Lebanese citizens in 2009, without consulting them, for 17 additional months. 97 MPs, out of 128, attended the 7-minute …
Lebanon: The Oil & Gas Week, June 03, 2013 Read More »
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 …
[Oil & Gas Updates]: Weekly Roundup, March 11, 2013 Read More »
British Foreign Secretary William Hague arrived in Lebanon on Wednesday, 20/02, on a short visit. He is expected to meet with President Michel Slaiman, Speaker Nabih Berri and Prime Minister Najib Mikati. Hague will also meet Energy Minister Gebran Bassil …
Lebanon – First licensing round:
A reassessment of data collected from the latest 3-D survey conducted by Spectrum ASA showed that hydrocarbon reserves off the southern coast may be larger than previously thought. Initial findings in this area were …
[Oil & Gas Updates]: Weekly Roundup 04/02 Read More »
Lebanon – Cyprus – Israel:
Lebanese-Cypriot relations were given a boost this past week (3-9/12) by a series of events, after a period of somewhat uneasy relations due to a Cypriot-Israeli agreement over the delimitation of their Exclusive Economic …
[Oil & Gas Updates]: Weekly Roundup 10/12 Read More »
Lebanon – Economic Prospects:
The Lebanese ministry of energy has to deal with complications arising from two separate projects initiated by minister Gebran Bassil: the construction of a power plant in Deir Amar and the leasing of electricity-generating ships …
[Oil & Gas Updates]: Weekly Roundup 03/12 Read More »