10-05-2013
Lebanon Oil and Gas: Deadline for Bids Further Extended
On 5 October 2013, the Minister of Energy and Water announced that the date to submit bids pertaining to Lebanon’s First Offshore Licensing Round has been further extended from 10 December 2013* to 10 January 2014 owing to delays in the official ratification of the Governmental Decrees related to the Delineation of the Offshore Blocks […]
09-04-2013
Lebanon Oil and Gas: Deadline for Bids Extended
The Minister of Energy and Water has announced that the date to submit bids pertaining to Lebanon’s First Offshore Licensing Round has been extended due to reasons of a political nature. The 6-month bidding round kicked off on 2 May 2013 and was meant to close on 4 November 2013.* During this period, the Government was […]
05-02-2013
Lebanon Oil & Gas: Bidding Round Opens
Riding on the positive momentum following the successful completion of the pre-qualification phase, the Lebanese Minister of Energy & Water was joined on Tuesday 30 April 2013 by all six members of the Petroleum Administration to announce the launch of the first Lebanese Offshore Bidding round, which subsequently opened as scheduled on 2 May 2013. During […]
03-25-2013
Lebanon Oil & Gas: Pre-qualification on Track and Block Delineation Pending
On Friday 22 March 2013, the Lebanese Prime Minister handed in his resignation, prompting the dissolution of the Lebanese government. As we approach the first milestone of the Lebanese Oil & Gas licensing round, this development presents a new challenge for Lebanon’s Oil & Gas sector. In a press conference held yesterday, the Lebanese Minister […]
02-15-2013
Lebanon Oil & Gas Pre-qualification Round Now Open
Further to the Lebanese Council of Ministers’ recent approval of a draft decree (with one amendment) detailing the pre-qualification requirements ahead of the bidding phase, the Ministry of Energy & Water has held a press conference publically announcing that the pre-qualification round is open as of 15 February 2013. While the information has yet to be […]
02-11-2013
New Developments in the Lebanese Oil & Gas Sector
On Wednesday 6 February 2013, the Lebanese Council of Ministers approved (with one amendment) a draft decree detailing the pre-qualification requirements ahead of the bidding phase, and also clarifying aspects of the latter process. The draft decree, for example, outlines the legal, financial, technical and QHSE evaluation criteria which interested parties are required to meet, […]
01-11-2013
In Focus: Lebanon’s Offshore Oil & Gas Resources
2012 was a year of exciting developments in the Oil and Gas industry in Lebanon, with the first round of seismic surveys reaching completion in October 2012 and the long awaited nomination of the Petroleum Administration Board (PAB) taking place in the same month. With announcements regarding the pre-qualification rounds expected in the very near […]
01-03-2013
Lebanon Investment Treaty Survey
The GAR Investment Treaty Survey went live in November 2012. OLF was selected from among leading legal practitioners in each jurisdiction to author the Lebanese chapter on investment treaty arbitration. The firm has previously also authored chapters on litigation and commercial arbitration for the GAR publication. GAR Know-How essentially constitutes a ‘road-map’ of practice for international […]
