Energean JV Awarded Katakolon Block in Open Door Bid Round

Source: www.gulfoilandgas.com 3/7/2014, Location: Europe

Hellenic Hydrocarbons Management Committee successfully completed its work regarding the evaluation of the bids for the exploration and exploitation of hydrocarbons for the Katakolon Block. Katakolon was the third region in Western Greece included in the Open Door bid round, launched by the Greek Ministry of Energy, Environment and Climate Change on January 2nd, 2012.

According to the Committee’s recommendation to Minister Yiannis Maniatis, the consortium of Energean Oil& Gas/Trajan Oil & Gas/ Schlumberger is awarded the offshore block of Katakolon.

The Commission further negotiated with the prospect contractors on the improvement of the initially submitted work program and on the complete exploration of the area, the acquisition of upgraded data, the identification and development of all possible targets of interest, as well as the improvement of all financial terms (except taxation) included in the bid offer that contribute to the benefit of the Greek state, such as royalties and fees for the Greek state, signature bonus and annual expenses for personnel training.


Egypt >>  6/27/2022 - Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with Roger Planck, Chairman of the Board of Directors of the American ...
Mongolia >>  6/27/2022 - The AIM-listed Mongolian oil explorer Petro Matad Limited ("Petro Matad" ) releases its audited final results for the fiscal year that ended on Decemb...

Uruguay >>  6/27/2022 - With assets in oil production, appraisal, development, and exploration across the region, Challenger Energy (CEG), an oil and gas company with a focus...
Indonesia >>  6/24/2022 - A Production Sharing Contract (PSC) has been signed with PETRONAS North Ketapang Sdn. Bhd., a subsidiary of PETRONAS, for the North Ketapang Block, wh...

Namibia >>  6/22/2022 - Global Petroleum Limited provides an update on its operations in Namibia and Italy.

Namibia
On 25 April 2022 the Company announced th...

Pakistan >>  6/22/2022 - Oil and Gas Development Limited, being the operator of Kalchas Exploration Licence (operator, 50%) along with Mari Petroleum Company Limited (MPCL, 50...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.