The Petroleum Commissioner announces updated timeframe for the 1st Israeli Offshore bid round

The Petroleum Commissioner announced today,  June 22nd 2017, the updated timeframe for the 1st Israeli Offshore bid round that was launched in November 2016.

תאריך: 6/22/2017

The Petroleum Commissioner announced today,  June 22nd 2017, the updated timeframe for the 1st Israeli Offshore bid round that was launched in November 2016. Closing date for bid submission – 15/11/2017 (instead of 10/07/2017).

The Petroleum Commissioner announced today,  June 22nd 2017, the updated timeframe for the 1st Israeli Offshore bid round that was launched in November 2016.

22/06/2017  

The new timeframe is as follows:

  1. Deadline for submitting questions as per the OBR – 15/10/2017.
  2. Deadline for referring to the Peroleum Commissioner regarding the Concentration Law (according to paragraph 10 of the CFB) – 15/10/2017.
  3. Deadline for publishing answers to the questions, the final CFB and commencement of bid submission – 29/10/2017 (instead of 29/05/2017).
  4. Closing date for bid submission – 15/11/2017 (instead of 10/07/2017).
  5. Bid bond should be valid until 15/07/2018.