LATEST NEWS
09 July, 2015
 
The discovery of natural gas resources in the East Mediterranean promise important benefits of energy security and economic gains. A 2010 US geological survey showed that the Levantine basin - offshore Israel, Gaza, Lebanon, Syria and Cyprus - could hold as much as 120 trillion cubic feet, thus securing supply of energy not only for the countries of the region but also for Europe. Regional countries are currently at various stages of exploration and development which are however fraught [...]
29 June, 2015
 
It faces maritime border disputes, regional rivals and is surrounded by a country engulfed in civil war. Yet the main challenge to Lebanon’s potential gas sector is not geopolitics, according to analysts, but a lack of political consensus.   The tiny Mediterranean country could have almost 100tn cubic feet (tcf) of offshore gas reserves, according to some officials. But rather than exploit a potentially transformative opportunity, politicians have engaged in politics as usual — bickering and stalling as neighbouring Syria’s war worsens [...]
23 June, 2015
 
Maximising upstream prospects in Black Sea and Mediterranean oil and gas projects  The new Global Oil&Gas Black Sea and Mediterranean Oil and Gas Conference programme is now available to view here. The event will take place on 23 - 24 September 2015 in Athens, Greece. Supported by the Greek Ministry of Environment, Energy and Climate Change, 5 Ministries of Energy, 6 national oil and gas companies and 28 speakers from Greece, Turkey, Albania, Cyprus, Georgia, Crimea, Lebanon, Egypt, [...]
17 June, 2015
 
Fears of corruption will not stop the exploration of potentially vast - and vastly lucrative - offshore resources.   Beirut, Lebanon - A series of oil exploration deals, which may be worth billions of dollars to Lebanon's economy, are being held up amid the country's presidential vacuum and political chaos as crude prices continue to fall.   A total of 46 transnational energy giants - including Total, Shell, Chevron and ExxonMobil - qualified in April 2013 to enter the first round of licensing to [...]
08 June, 2015
 
The US-based company and leader in Multi-measurement subsurface interpretation, Neos GeoSolutions, will announce on Wednesday June 10th, with the support of its local partner Petroserv, the completion of Lebanon’s geoscience program and the data delivery to the Ministry of Energy and Water. The Ceremony will be held in Beirut at Hilton Metropolitan Palace and will be under the Auspices of H.E Eng. Arthur Nazarian.   The project’s completion comes only 10 months after the start of the Airborne acquisition operations back in [...]
09 June, 2015
 
DS BEIRUT: Lebanon’s promise as a natural gas exporter and proximity to European energy markets will put unprecedented benefits within reach of its population, an industry veteran told a conference in Beirut on Monday, but only if its politicians stop squabbling and get their priorities in order. “First of all the political class needs to elect a president,” said Roudi Baroudi, CEO of Doha-based Energy & Environment Holding, an independent consultancy, during his presentation at the “Oil & Gas Lebanon: Governance [...]
03 June, 2015
 
Oil and Gas in Eastern Mediterranean region recent discoveries have the potential to transform the economy of three neighbouring countries namely Lebanon, Israel and Cyprus. Our Country is in the early stages of building and Oil and Gas sector and still far from drilling the first exploration wells, hence Lebanon is unable to estimate how much oil and gas this country might have, however official studies proved that trillions of cubic feet of gas is the wealth our sea water [...]
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Cogico SARL
  Oil & Gas, Fuel
  01 808150
Wardieh Holdings
  Oil & Gas, Fuel
  01 243476
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