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Announcements

27 - 29 May 2014

2014 LIPE & AAPG NORTHERN ARABIA GEOSCIENCE CONFERENCE AND EXHIBITION




Under the patronage of the Ministry of Energy and Water in collaboration with the Lebanon Petroleum Administration (LPA), the AAPG is organising the 2014 LIPE & AAPG Northern Arabia Geoscience Conference and Exhibition between 27 & 29 May 2014 in Beirut - Lebanon.
Please visit www.middleeast.aapg.org for all the latest information.



BID ROUND UPDATE
The Minister of Energy and Water announced on 8 April 2014 that the date to submit the bids pertaining to Lebanon’s First Offshore Licensing Round has been extended from 10 April 2014 to 14 August 2014.
This extension in the period is due to the delay in the issuance of the Decrees related to the Delineation of the Offshore Blocks and the model Exploration and Production Agreement by the Lebanese Cabinet.
Out of the ten blocks of the Lebanese offshore, the following five blocks - Blocks 1, 4, 5, 6 and 9 - are open for bidding within the First Licensing Round, with the possibility of opening additional blocks for bidding after the Cabinet session that will be convened to ratify the two decrees mentioned above.


Licensing Timetable

Dates announced for the licensing process by the Petroleum Administration.

Lebanon First Offshore Licensing Round Timetable

The Ministry of Energy & Water and the Petroleum Administration have completed all the necessary work and documentation to be able to conduct the First Lebanese Offshore Licensing Round. Pre-Qualification for the First License Round is now closed.

Estimated TimeframeProcess
February – April 2013Pre-Qualification
May 2013 – August 2014Bidding Process
September 2014 – October 2014Bid Evaluation
November 2014Award

Licensing Round Documentation

To obtain the license round documents and presentations, please register here.

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