While Lebanon opened its first offshore oil and gas licensing round in May 2013, international companies have not yet been able to submit bids because cabinet has not approved two…
Tag:
Arthur Nazarian
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The third time proved the charm for Italian oil and gas company ENI in the past 12 months. In late 2014 and early 2015, ENI and South Korean partner KOGAS…
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The chances of Lebanon signing offshore exploration and production sharing contracts with oil and gas companies in 2015 are slim, but that does not mean that all work in developing…
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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…
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While some believe Lebanon houses the city where Jesus turned water into wine, most of the country’s residents today no doubt wish the government could miraculously do the opposite. Precipitation…
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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…
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Despite the appointment of a new government last month, Citi Group’s research unit has commented cautiously on Lebanon’s outlook for oil and gas exploration. “Despite the formation of a government,…