Greece Launches New Offshore Oil and Gas Tenders

Source: Reuters 8/7/2017, Location: Europe

Greece launched two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry said. The move follows expressions of interest by a consortium of Total, Exxon Mobil and Hellenic Petroleum for exploration in two sites off the island of Crete, and by Greece's Energean for a block in the Ionian Sea in western Greece.

Investors will have 90 days to submit offers to the Hellenic Hydrocarbons Resources Management (HHRM) from when the announcement is published in the European Union's official gazette.

Greece has launched a program to discover more oil and gas, encouraged by recent large gas finds off Israel and Cyprus and spurred on by its protracted financial crisis. In May it granted a concession to Hellenic Petroleum for onshore exploration at two sites in the west of the country, and to privately held Energean for another block. Energean is currently the country's only offshore oil producer, in northeastern Greece, with an average production of 3,500 barrels per day last year.


United States >>  1/18/2022 - Kosmos Energy has announced completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Me...
Egypt >>  1/13/2022 - Pharos Energy plc, an oil and gas exploration and production company, issues the following trading and operations update to summarise recent operation...

Austria >>  1/11/2022 - ADX Energy has advised that the Anshof-3 well has reached a total depth 2499m in 8 inch hole on 6th of January 2022. The final drill depth of the we...
United States >>  1/10/2022 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration, production and development company with operations focused in Wy...

United States >>  1/10/2022 - Nostra Terra, the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, is pleased to prov...
Malaysia >>  1/7/2022 - PETRONAS Carigali Sdn Bhd (PCSB), a subsidiary of PETRONAS, has made a gas discovery at the Hadrah-1 wildcat exploration well of Block SK411, located ...

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  Water Supply Services  Welding Products/Services 


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