_728x90.jpeg)
Displaying 1 - 3 of 3 articles
Lebanon is planning to issue and sign international tenders for drilling in Mediterranean waters in the next three months, Reuters reported Thursday. The move comes after two natural gas fields were discovered off the coast of Israel, Lebanon's southern neighbour. Estimates value those reserves at tens...
Kuwait Energy Company intends to bid for drilling rights in the Levant Basin off the coast of Lebanon. According to estimates the Levant basin may hold 1.7 billion barrels of recoverable oil and around 122 trillion cubic feet of recoverable gas. KEC officials said that the company hasn't yet entered...
Cairn Energy PLC., together with CC Energy Development S.A.I (an associated company of Lebanese contractor CCC, a leading international engineering and construction conglomerate) and Cove Energy, has formed a consortium to bid for the rights to drill for oil and gas in the Levant Basin of the Eastern...