Oil and Gas Lawyers Assistance in Lebanon
Starting 2010 It has been confirmed by many trustworthy source that the Levant basin contains around 1.7 billion barrels of recoverable oil and 122 trillion ft³ of recoverable gas Meaning that significant oil and gas resources are available offshore in Lebanon.
Legal Frame
In January 2011 the Lebanese Parliament enacted the Offshore Petroleum Resources Law (2010/32) which provides the legal framework regarding the exploration and exploitation of offshore oil and gas resources in Lebanon.
The Petroleum Administration Body is the important player when it comes to the preparation for bidding and in the pre-qualification phase.
Lebanese cabinet appointed the six members of the Petroleum Administration Board (PAB), which will open the door for offshore oil and gas licensing.
The Lebanese Ministry of Energy & Water has announced the opening of the pre-qualification round as of 15 February 2013.
Our Services
Mattar Law Firm is known for the provision of legal services in the Oil & Gas industry.
Through Our presence in the sector , and our ties to the companies or regulatory bodies, we provide our clients with the services required through advisors and experts in the fields who are present for that purpose in our offices.
Our Legal Services in the Gas and Oil Industry covers essentially and in summary:
– Negotiating , Drafting, Contracts and agreements related to petroleum and gas exploration, Sales and Licenses.
– Joint Venture Agreements.
– Assistance to new bidders wishing to enter into the oil and gas exploitation market.
– Pre-Bid, Tenders Assistance, Follow up with regulatory and Administrative Bodies.
– Corporate and Taxation Advice tailored and customized to Clients needs.
– Due Diligence and Feasibility Studies.
– Legal and Expertise Counseling in the Field.
Mattar Law Firm will offer comprehensive legal advice and on the ground work and legal follow up to its clients on matters related to oil and gas industry in Lebanon and abroad such as regulatory framework and the pre-qualification phase ahead of the bidding process along with the subsequent steps to allow to its clients to benefit from a fruitful business through our offices.
We combine our expertise and presence in the sector to offer quality legal services in the sector of Oil and Gas.
