Israel is proceeding steadfastly with a 2nd offshore bid round, launching it 12 months after the first licensing round received just two bids for six blocks, all located in the country’s northern offshore near existing discoveries (MEES, 24 November 2017).
This time the Energy Ministry is grouping the 19 blocks on offer (eight of which were offered in the previous round) into five ‘zones’ – essentially meaning that five large blocks are on offer (see map). (CONTINUED - 921 WORDS)
