Author Archives: Jeremy Arbid

Keeping it clean

Reading Time: 9 minutes The Lebanese Petroleum Administration (LPA) recently published a strategic environmental assessment (SEA) related to potential offshore oil and gas activities. RPS Energy Ltd., a multinational energy resources and environmental consultancy company, initiated the study in October 2011 and completed it five months later. RPS will continue to provide consultation to the Ministry of Energy and

High expectations

Reading Time: 3 minutes This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   Much has been said regarding the prospects for oil and natural gas in Lebanese waters. Extensive surveying — the entirety of the country’s offshore

Powered by gas

Reading Time: 7 minutes This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   When Lebanon moves forward toward extracting its potential oil and gas resources in the country’s coastal waters, it will do so with the intention of powering

Lebanon’s murky petroleum business

Reading Time: 5 minutes This Executive investigation into Lebanon’s oil and gas companies is part of a special report on the sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   “If you want to hurt me, I can hurt you back,” Antoine Dagher tells Executive, laughing as he tries to keep his

Calling out corruption

Reading Time: 10 minutes In late July, Lebanon’s Internal Security Forces (ISF) quietly issued a statement calling on citizens to report violations of fraud, nepotism and corruption by security force personnel, as part of its attempt to stop illicit activity by officers from within its own ranks. The complaint system is part of an overall effort to build community

Hands off!

Reading Time: 9 minutes Yet another extension for companies to submit bids in Lebanon’s first offshore oil and gas licensing round was announced in mid-August by Minister of Energy and Water Arthur Nazarian, indefinitely extending the deadline to no more than six months after the two needed decrees are adopted. But oddly enough, the youth wings of Lebanon’s political

Sailing away from responsibility

Reading Time: 9 minutes If the launching of Lebanon’s first offshore licensing round back in early 2013 was the dawn of the industry in the country, then only now is civil society groggily awaking to its oversight role in the emerging oil and gas sector. This industry is operated by some of the largest, richest and most influential multinationals

Stars Communications' Verdun branch

A world connected (to the US government)

Reading Time: 5 minutes Last month the United States Treasury Department singled out local company Stars Group Holding for alleged ties to Hezbollah, adding the company, several subsidiaries and associated individuals to its ‘specially designated nationals’ (SDN) list. As part of its accusation, the Office of Foreign Assets Control (OFAC) said that these entities operate as a procurement front,

Experts on oil and gas met at the École Supérieure des Affaires in Beirut in May

Between vision and mirage

Reading Time: 6 minutes An air of frustration hung over last month’s oil and gas conference at the École Supérieure des Affaires. “It is clear that there is no plan,” vented an industry leader who wished not to be named, referring to the government’s lack of a publicly articulated roadmap for the sector. Political hurdles have slowed progress on

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