Updated Timeframe for 2nd Offshore Bid Round

The Petroleum Commissioner announces updated timeframe for the 2nd Offshore bid round

תאריך: 6/6/2019

2nd Offshore Bid Round submission dead line extended until July 15th

The Petroleum Commissioner at the Ministry of Energy announced today that the closing date for bid submissions in the 2nd Offshore Bid Round has been extended to July 15, 2019 at 14:00 Israel time.

The extension has been made at the request of participating companies who needed more time to review the significant amount of data made available and to complete pre-bid preparations. The Petroleum Commissioner stated:  "We are pleased with the interest shown by participating companies and wish to provide them with more time to complete their assessments".  Except for the extension of the Closing Date for Bid Submissions, the requirements for submitting bids remain unchanged and participating companies are encouraged to refer to the Call for Bids document for the detailed requirements, which is available on the Ministry's website at www.energy-sea.gov.il (2nd Offshore Bidding Round). 

As a result of the extension, we expect that the announcement of successful bids will now be on August 12, 2019."