Lebanon has extended the deadline for the results of the second pre-qualification round in the country’s first-ever offshore licensing round, to give companies more time to respond to requests from the Lebanese Petroleum Administration (LPA)…
Offshore exploration could, finally, soon be on the agenda in Lebanon after the country's first offshore licensing round was opened. Lebanon’s Energy Minister Cesar Abi Khalil announced on 26 January the opening and timetable for the round…
The government of Cyprus has selected companies, which include ExxonMobil, Eni, and Total, to negotiate exploration drilling terms for three blocks in the exclusive economic zone (EEZ) of Cyprus. Image of the 3rd licensing round map…
Norwegian geoscience firm Spectrum has entered into an agreement with the administrator of the Dolphin estate to acquire the multi client 2D survey in Brazil Santos Campos and the 3D survey in Lebanon. The Norwegian entities of Dolphin…
Oil majors Statoil, Eni, Total and ExxonMobil have submitted rival bids for three exploration blocks offshore Cyprus in the country's 3rd Licensing Round. Three blocks - 6, 8 and 10 - in the Mediterranean Sea were put on offer, with six applications made…
Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…
Offshore exploration could soon be on the agenda in Lebanon after the country's Prime Minister Tamam Salam was asked to place what would be the first licensing round on the agenda of cabinet meetings as soon as possible. The intention…
The Mediterranean and North African region is largely considered to be a promising frontier oil and gas area, and yet, border tensions, and internal disputes have seriously held back exploration efforts. Audrey Leon surveys the prospects…
As its bid licensing round is delayed again, will Lebanon’s offshore industry ever take off? Sarah Parker Musarra analyzes the current situation and explores the history of the troubled country. In April, Lebanon once again delayed its…
With attractive exploratory potential, the Levant basin off Lebanon, presents an opportunity for international oil companies (IOC) to position themselves in the promising eastern Mediterranean region, an analyst with research and consulting firm GlobalData says…
Spectrum has announced the start of another Multi-Client 3D survey in the Levantine Basin offshore Lebanon. This new survey covers approximately 2,200 square kilometers and the acquisition will be performed by Polarcus using its 12-streamer vessel 'Adira'…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
Rune Eng, president and CEO, provides the answers to why Spectrum is emerging as a key player in the market for multiclient marine seismic surveys and where the company is heading with its business. Before joining Spectrum in 2010 Rune…
Recent events in North Africa provide a stormy backcloth to the Offshore Mediterranean Conference (OMC) in Ravenna 23-25 March, but the region nonetheless remains a highly prospective one for the offshore sector especially with Noble beginning to unlock the treasures of the Levantine Basin…
With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Here, Øystein Lie, Thore Sortemos and Per Helge Semb…
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