PGS: Lebanon’s 2nd offshore licence round
PGS reports that the round is scheduled for official launch this month, with a window for prequalification from January to April 2019. PGS has seismic data that will allow you to analyze some of the most promising leads in the Mediterranean.
In 2018, the Council of Ministers approved the recommendation of the LPA to prepare for Lebanon’s second offshore licensing round. This is scheduled for official launch in January 2019.
The licensing round will extend over twelve months, leading up to the award of exclusive petroleum rights to explore and develop new hydrocarbon resources offshore Lebanon.
PGS provides images and 3D data about the subsurface beneath the ocean floor, that oil companies rely on to find oil and gas reserves worldwide. Our business is technology driven and we provide a broad range of seismic and reservoir services.