Rosneft & Exxon Bid Jointly in Lebanon Offshore Tender

Source: Reuters 4/3/2013, Location: Middle East

Rosneft and ExxonMobil agreed to bid jointly in a tender for offshore Lebanon oil and gas, Russia's state-owned company president, Igor Sechin, was quoted as saying by Interfax news agency.

Rosneft and ExxonMobil have already teamed up to develop Russian and North American offshore riches as partners.

Some 200 companies have requested application documents in the pre-qualifying bid round for oil and gas exploration in Lebanon's offshore waters.

Names of the pre-qualified companies will be announced in mid-April and the government aims to agree its first exploration and production agreement by February next year.


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