Lebanon Oil & Gas

In 2010 the US Geological Survey estimated that the whole of the Levant Basin contained around 1.7 billion barrels of recoverable oil and 122 trillion ft³ of recoverable gas. Subsequent 2D/3D surveys have consistently confirmed that there are significant oil and gas resources offshore Lebanon.

For a detailed overview of the Lebanese legal and international investment framework, please subscribe to our Energy Alert newsletter or request further information by contacting [email protected]

Obeid & Partners is in a position to offer comprehensive legal advice to interested parties on matters such as the Lebanese oil and gas regulatory framework and the pre-qualification phase ahead of the bidding process. We are committed to helping clients at every stage and assisting them with the legal issues associated with investing in this sector. By combining our international expertise in the field with our local know-how, we aim to play an active role in ensuring that the industry develops in line with international standards and practice.

A successful venture into Lebanon’s emerging oil and gas industry is dependent on acquiring an in-depth knowledge of Lebanese legal particularities from local, regional, and international perspectives. In response to this demand, we have set up a cross-practice team to enable us to best respond to the diverse needs of companies seeking to enter the market.