05.07.2009
The Levant Basin occupies the Eastern Mediterranean Sea. Its southern part, offshore Egypt hosts the prolific Nile Delta hydrocarbon province where extensive activity of exploration and production is taking place. The increase in demand and rising oil price in recent years promote a growing interest in the central and northern parts of the basin (offshore Israel, Lebanon and Cyprus)
Denotes some of the major points of a discussion / negotiations process prior to entering into detailed negotiations towards signing a binding contract
Document outlining an agreement between two parties or more before undertaking negotiations towards a final agreement
The entity that lessees his land