To participate in the Second Offshore Licensing Round (SOLR), Individual Companies must join together in
consortiums of at least three Individual Companies (each such consortium an “Applicant”) and shall submit a
Licensing Round Application to seek prequalification (as Right Holder – Operator or Right Holder – Non
Operator) and to obtain an Exploration and Production Agreement.
Prequalified Applicants only are eligible to obtain Exploration and Production Agreements based on the provisions and conditions set in the updated Tender Protocol (TP).
Each Exploration and Production Agreement shall be awarded to an Applicant composed of no fewer than three (3) prequalified companies of which one prequalified as a Right Holder-Operator holding a minimum of thirty five percent (35%) participating interest and two, each of which prequalified as Right Holder – Operator or a Right Holder – Non Operator holding a minimum of ten percent (10%) participating interest.
The pre-qualification criteria are defined on the basis of legal, financial, technical and QHSE eligibility requirements, in accordance with Exhibit 3D contained within the TP:
Right Holder-Operator Key Prequalification Criteria
Right Holder Non-Operator Key Prequalification Criteria
In addition to the prequalification materials, administrative materials should be provided as further described in section 5.7 of the updated TP.
Questions & Requests for Clarification
Individual Companies may submit to the LPA questions and requests for clarification regarding the SOLR, including the pre-qualification requirements generally or as applied to the particular circumstances of the Individual Company.
All such questions and requests may be submitted to the LPA by e-mail to email@example.com up until two (2) weeks prior to the Closing Date.
LPA will publish written responses to questions and requests for clarification via the LPA website at www.lpa.gov.lb. The LPA may edit questions and responses for clarity, to protect confidential information, or to combine duplicative questions.
Individual Companies that have joined together as an Applicant are requested to aggregate their questions in order to minimize the number of submissions by any given Applicant.
Individual Companies may also request a preliminary evaluation of whether the Individual Company satisfies one or more of the pre-qualification requirements. Individual companies requesting a preliminary evaluation will be answered individually on a confidential basis. Any preliminary evaluation provided by the LPA shall be considered non-binding, and shall be without prejudice to the right of the LPA to reach a contrary determination at any time.