Greece
Energy
Greece to Allow Drilling for Oil, Gas at More than 30 Underwater Sites
More than 30 areas believed to be ripe for hydrocarbon exploration have been identified in the Ionian Sea and the sea area west and south of Crete, the Athens-Macedonian News Agency (AMNA) reports.
The map showing the various sites was...
Energy
Oil and Gas Contracts for Ionian Sea, Crete Now Before Greek Parliament
The proposed contracts for hydrocarbon exploration in four areas of the Mediterranean off Crete and the Ionian islands were brought before the Greek parliament on Wednesday for discussion and ratification.
The contracts include the area designated as "Ionio," with rights...
Cyprus
Turkey Set to Begin Oil and Gas Drilling Off Cyprus
Foreign Minister Mevlut Cavusoglu said on Thursday that Turkey will begin drilling for oil and gas near Cyprus in the coming days, according to a report by the state-owned news agency Anadolu.
Ankara's move could stoke tensions with neighboring Cyprus and...
Cyprus
Turkey Plans Oil And Gas Drilling Off Cyprus
Turkish oil and gas exploration ships will soon begin drilling activities in the seabed near the northern, occupied, part of Cyprus, a senior Turkish Cypriot official stated on Wednesday.
Ozdil Nami, the economy and energy minister of the so-called Turkish...
Environment
WWF Starts Campaign Against Gas & Oil Exploration in Greece
WWF Hellas is starting a major campaign against oil and gas exploration projects in Greece, aiming, to mobilize citizens to defend the seas and forests, local communities and fair and sustainable development.
The first step for WWF Hellas is to...
Energy
Exxon, Total Win Tender to Explore for Oil and Gas Off Greece's Crete
A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday.
The consortium will explore two sites off the western...
Cyprus
Turkish Energy Minister: We will Dig for Oil, Gas in the Mediterranean in the Summer
Turkey will start to drill on its own for oil and gas in the Mediterranean in the summer, said Energy and Natural Resources Minister Berat Albayrak on Friday, according to Anadolu news agency.
Albayrak outlined Turkey's achievements under its national...
Energy
International Interest in Gas and Oil Tenders in Greece
Tenders for offshore oil and gas exploration and exploitation west and south of Greece have attracted “strong interest” from companies exploring in the Mediterranean, the head of Greece’s oil and gas resources management company announced on Wednesday.
Greece launched the...
Energy
Greece Signs Lease for Oil and Gas Exploration in the Ionian Sea
A consortium led by France’s Total moved a step closer to exploring for oil and gas off Greece, after signing a lease on Tuesday with the government for a block in the Ionian Sea.
The contract was signed during a...
Cyprus
"Cyprus Continues with Oil & Gas Explorations Despite Turkish Provocations"
Cyprus continues with its oil and gas exploration activities despite Turkish provocations, the Cypriot government spokesman said. Cyprus will continue its activities in its Exclusive Economic Zone (ΕΕΖ) despite Turkish provocations, Nikos Christodoulides told CNA.
His comments came as Greek...
Energy
Greece to Open Tenders for Oil and Gas Explorations
The Greek government has opened two tenders for offshore oil and gas blocks in the Mediterranean and Ionian Seas and has invited IOCs to submit bids.
The Hellenic Hydrocarbon Resources Management (HHRM) office in Athens has not yet identified which...
Economy
Two New Offshore Oil and Gas Exploration Tenders Launched
The Greek government has launched two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the Energy ministry announced.
The move follows expressions of interest by a consortium of Total, Exxon Mobil...
Business
Israel's Oil Refineries in Discussions to Possibly Buy Gas from Greece's Energean
On Sunday Israel's Oil Refineries (ORL) announced it is engaging in discussions to buy 17 billion cubic meters of natural gas from the Greek exploration and production firm Energean, for an undisclosed price, Reuters reported.
ORL is negotiating non-binding memorandums...
Greece
U.S. Supports Cyprus' Right to Search for Oil and Gas in EEZ
The U.S. government supports the right of Cyprus to search for oil and natural gas in its exclusive economic zone (EEZ) and discourages actions that increase tensions in the region, according to the mignatiou.com website.
According to the report, a...
Energy
Greece to Name Preferred Bidders for Deep-Sea Oil and Gas Exploration
According to Greece's Energy Minister, Panos Skourletis, the evaluation of the bids cast for deep-sea oil and gas exploration in Greece will conclude in the coming weeks and will name the preferred bidders soon after. “We are evaluating three...