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03
What has Lebanon done so far?
Timeline for Oil and Gas in Lebanon and the region
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Lebanon
all countries
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Lebanon
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Geophysical Surveying
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Exploratory Drilling
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Geophysical Surveying
Bilateral Agreements
Environmental
1970-71
Surveying Begins Offshore Tripoli
Seismic surveys offshore Tripoli.
Geophysical Surveying
1993-94
Seismic Surveying Continues Offshore Tripoli
Lebanon commissions GecoPrakla to conduct 2D seismic survey off the coast of Tripoli.
Geophysical Surveying
2002
More Seismic Surveys for Offshore Lebanon
Contract signed with Spectrum Geo for 2D seismic surveys of offshore Lebanon.
Geophysical Surveying
2003
Lebanon Studies Potential of Seismic Data
Lebanon’s Higher Council for Privatization commissions UK company Exploration Consultants Ltd to interpret Spectrum’s seismic survey data.
Geophysical Surveying
2003
Spectrum to Sell Lebanon’s Seismic Data
Lebanon’s Ministry of Energy and Water grants Spectrum exclusive rights to market seismic data until August 2007.
Geophysical Surveying
Nov 2005
3D Surveying to Commence Offshore Lebanon
Lebanon’s Ministry of Energy and Water inks contract with PGS to conduct 3D seismic survey acquisition and interpretation off the coast of Lebanon.
Geophysical Surveying
Apr 2010
East Mediterranean Gas Potential Estimated At 122 Tcf
United States Geological Survey releases its report on the Eastern Mediterranean suggesting 122 trillion cubic feet gas potential.
Geophysical Surveying
Dec 2014
Aerial Surveys of Onshore Lebanon
NEOS Geosolutions completes aerial survey of 6,000 square kilometers onshore Lebanon.
Geophysical Surveying
BASICS
about Oil and Gas in Lebanon
1 .
Does Lebanon have Oil and Gas?
2 .
How Much?
3 .
What has Lebanon done so far?
4 .
When are we going to benefit?
5 .
Who makes the decisions?
6 .
What are our neighbors doing?
7 .
What happens when a country becomes oil rich?
8 .
How can we prevent corruption in the oil and gas industry?