Cairn eyes potential offshore Lebanon

Offshore staff

EDINBURGH, UK – Cairn Energy is reviewing exploration opportunities offshore Lebanon. The company has been studying the potential of the offshore Levant basin in the eastern Mediterranean, which has brought deepwater gas discoveries for Noble Energy.

Over the next year, various countries in the region are all expected to hold competitive exploration bid rounds.

Cairn operates a newly formed, three-company consortium which aims to participate in the anticipated Lebanon licensing round (and perhaps other rounds elsewhere in the region), subject to final technical evaluation and commercially suitable terms.

The partners are CC Energy Development (an associated company of CCC, a Lebanese private concern) and UK independent Cove Energy.

08/24/2011



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...