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Energy & Natural Resources

10 June 2019
Mohamed Y Alem Council of Ministers launches second offshore licensing round

Lebanon - Alem & Associates

The Council of Ministers recently launched the second offshore licensing round for oil and gas exploration in numerous blocks. It also approved the updated tender protocol and approved updates to some articles of the model exploration and production agreement. The Lebanese Petroleum Administration has invited interested companies to combine their bidding efforts by forming consortiums. This article examines the pre-qualification process and reviews how bids will be assessed up until the award stage.

Author: Mohamed Y Alem
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