A total of 52 companies are pre-qualified to bid in Lebanon’s first offshore oil and gas licensing round, which closes on October 12, 2017. While the government ran transparent pre-qualification processes to screen these companies in 2013 and 2017, important questions are left unaddressed. To find out more, Kulluna Irada and The Lebanese Oil & Gas Initiative (LOGI), a local non-governmental organization dedicated to transparency and sound resource management, initiated an intensive research project into how the industry operates, what are key corruption and environmental risks in the oil and gas industry and who are the companies that can bid for rights to explore for and produce natural resources that belong to the nation.