India's ONGC Videsh to bid in Lebanon gas field auction: India government - REUTERS

JULY 10, 2017 / 11:15 AM

NEW DELHI (Reuters) - Indian energy company ONGC Videsh will bid in an upcoming auction to explore and develop gas fields off the coast of Lebanon, India's oil minister said on Monday.

ONGC Videsh, the overseas investment arm of India's top explorer Oil and Natural Gas Corp, is among several companies pre-qualified to bid for offshore exploration and production licenses from the Middle Eastern nation.

Indian oil minister Dharmendra Pradhan, leading a delegation at the World Petroleum Congress in Istanbul, made the comment in a Tweet after meeting with Lebanese Energy and Water Minister Cesar Abou Khalil.

Lebanon prequalifies eight more energy firms for offshore blocks - REUTERS

Wed Apr 26, 2017 8:42am GMT(Reporting By Ellen Francis and Angus McDowall; Editing by Edmund Blair)

BEIRUT, April 26 (Reuters) - Lebanon's government has prequalified eight more companies to bid for its first round of offshore exploration and production licences after prequalifying 46 companies in 2013, Energy and Water Minister Cesar Abou Khalil said on Wednesday.

The bidding process for offshore blocks 1, 4, 8, 9 and 10, three of which border Israeli waters, was postponed for years because of political paralysis in Lebanon until the formation of a new government late last year.