Official recordOffshore Blocks, Tender Protocol and Model EPA - Decrees 42/2017 and 43/2017 as amended
Legal characterBlock delimitation, tender protocol and model upstream contract
Current readingOperative
Offshore block geometry, bidder qualification, award process and model EPA.
Why it matters
It converts the general petroleum statute into bankable bid, fiscal, governance and contractual terms for specific offshore rights.
Core provisions
The operative ideas to understand before reading the full text.
- 01
Decree 42 divides offshore waters into ten blocks.
- 02
Decree 43 supplies bid rules and the model exploration and production agreement.
- 03
Decrees 4918/2019 and 9095/2022 amend qualification, bid and electronic-submission arrangements for later rounds.
Engineering lens
- Block selection and work commitments shape seismic, drilling and appraisal plans.
- Model EPA governs technical approvals and operating committees.
Economic and investment lens
- Bid parameters allocate state take, cost recovery and contractor value.
- Qualification and security rules affect competition and financing.
From text to operation
Implementation gates
These conditions must be evidenced before treating the instrument as operational for a project, tariff or market transaction.
- 1Round-specific decree version
- 2Qualified consortium and bid
- 3Cabinet award and executed EPA
Documented relationships
- This instrument applies the regulatory framework through bids and contracts PAR
Primary sources
- Legislative Framework Lebanese Petroleum Administration · Publication date not stated · English · Accessed 16 August 2026Official consolidated overview; page has no stated publication date.