PGS has seismic data coverage for all eight blocks in the second offshore license round for Lebanon.
Following a request by the Lebanese Petroleum Administration, the energy minister announced an extension to give companies not currently working in Lebanon more time to prepare their documents for the round.
There are eight blocks on offer: 1, 2, 3, 5, 6, 7, 8, and 10, with a simplified bidding process to attract new investors.
Blocks 4 and 9 are currently licensed to an international consortium comprising of TotalEnergies, Eni, and Novatek. One well has been drilled in Block 4 and plans for the second well on Block 9 have been delayed due to an ongoing border dispute with Israel.
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For more details, please contact amme.info@pgs.com
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