Lebanon selects 46 energy companies to bid for offshore drilling rights, including giants XOM,...
Lebanon selects 46 energy companies to bid for offshore drilling rights, including giants XOM, CVX, RDS.A and PBR - not bad for a country that six months ago didn't even have a petroleum administration. Lebanon no doubt eyes Israel's progress in developing its Tamar field, discovered in 2009 and producing ~300M cu. ft./day of gas, and the Leviathan field, scheduled to begin production soon.
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