{"id":13774,"date":"2017-12-15T17:29:12","date_gmt":"2017-12-15T15:29:12","guid":{"rendered":"http:\/\/www.onisilos.gr\/?p=13774"},"modified":"2017-12-15T17:29:12","modified_gmt":"2017-12-15T15:29:12","slug":"lebanon-approves-awards-of-two-exclusive-petroleum-licences-for-exploration","status":"publish","type":"post","link":"https:\/\/www.onisilos.gr\/?p=13774","title":{"rendered":"Lebanon approves awards of two exclusive petroleum licences for exploration"},"content":{"rendered":"

14 Dec 2017<\/b><\/span><\/p>\n

Lebanon<\/i><\/b> has approved the awards of two exclusive petroleum licences for exploration and production in Blocks 4 <\/i><\/b>and 9<\/i><\/b> to a consortium composed of Total, Eni International<\/i><\/b> and NOVATEK<\/i><\/b>.<\/span><\/p>\n

The awards follow the earlier announcement in October<\/i><\/b><\/a> that a consortium of Total, Eni <\/i><\/b>and NOVATEK<\/i><\/b> had submitted bids for two blocks in Lebanon’s first offshore licensing round<\/i><\/b>.<\/span><\/p>\n

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<\/span> Lebanon approves awards of two exclusive petroleum licences for exploration<\/span><\/figcaption><\/figure>\n

Background<\/b><\/span><\/p>\n

Lebanon relaunched the licensing round for five offshore blocks (1, 4, 8, 9 and 10<\/i><\/b>) in January 2017 after a three-year delay due to political paralysis.<\/span><\/p>\n

Lebanon sits on the Levant Basin in the eastern Mediterranean along with Cyprus, Egypt, Israel and Syria. A number of gas fields have been discovered there since 2009, such as the Leviathan and Tamar fields.<\/span><\/p>\n

A total of 52 companies qualified earlier in the year to bid in this round.<\/span><\/p>\n

When the process was first launched in 2013, 46 companies qualified to take part in bidding, 12 of them as operators, including Chevron, Total and Exxon Mobil.<\/span><\/p>\n

For information regarding Lebanon’s First Licensing Round, see: Lebanese Petroleum Administration web site<\/b><\/a><\/span><\/p>\n

Source: energy-pedia<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

14 Dec 2017 Lebanon has approved the awards of two exclusive petroleum licences for exploration and production in Blocks 4 and 9 to a consortium composed of Total, Eni International … <\/p>\n

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