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hydrocarbons

Turkish Vessel ‘Fatih’ To Begin Drilling in East Mediterranean

Turkish Energy Minister Fatih Donmez has announced that the Turkish drilling vessel "Fatih" ("Conquerer") will begin drilling operations in the eastern Mediterranean Sea on Wednesday. The first area where the vessel is expected to drill is located 100 kilometers (62...

Bulgarian PM: 'Greek-Bulgarian Relations Example for all Neighbors'

Bulgaria’s Prime Minister Boyko Borisov stated on Monday that Greek-Bulgarian cooperation serves as an example for other neighbors. These remarks were made during his address to the 3rd Euro-Arab Summit in Athens. "We will always be good friends with Greece...

New Turkish Provocation: Exploration Ship Sent to Cyprus EEZ

Turkey has continued its provocations in the Eastern Mediterranean, sending the "Barabaros Hayreddin Pasha" exploration ship to waters that are part of Cyprus' exclusive economic zone (EEZ), claiming it will drill for hydrocarbons in the area. Ankara opposes Cyprus' energy...

Turkey Threatens Cyprus over Hydrocarbon Exploration Bid

Turkey on Thursday threatened Cyprus after Nicosia invited international energy companies to bid on a license to explore Block 7 in the island's exclusive economic zone (EEZ). "We are concerned that the Greek Cypriot administration has decided to invite international...

Hydrocarbon Exploration; Energy Giants to Bid for Greek Maritime Area

Multinational energy giants ExxonMobil and Total, in cooperation with Hellenic Petroleum (ELPE), will bid for 20,000 square kilometers of sea stretching from south of the Peloponnese to Greece’s southernmost island of Gavdos. The agreement has been made since September, with...

Turkey Says Cyprus' Hydrocarbon Exploitation of Certain Sea Plot Is Cause of War

A document Turkey submitted to the United Nations on April 12 characterizes the search and exploitation of sea Plot 6 of Cyprus' exclusive economic zone as a casus belli. The particular plot of the Cypriot EEZ is operated by the...

Cyprus will Resolutely Continue its Hydrocarbons Policy, Foreign Ministry Says

The Republic of Cyprus will resolutely continue its policy in the field of hydrocarbons in full respect of international and European law, the Foreign Ministry has said, recalling that Cyprus President Nicos Anastasiades has taken a clear position affirming...

Energean to Start Drilling at Katakolo, Greece in 2016-2017

Energean will start drilling for hydrocarbons at the Katakolo site in the winter of 2016-2017, followed by seismic surveys at the Ioannina site the following summer, company Chairman and CEO Mathios Rigas said at an international energy conference taking...

Albania Raises Border Issues with Greece

Albania is raising territorial claims along the land and water borders with Greece, after an official complaint delivered by Tirana to the Greek authorities. The Albanian government is asking Greece to revise its plans for hydrocarbon exploration in the Ionian Sea...

Committee to Evaluate Greek Hydrocarbon Research, Exploitation Bids Set Up at Ministry

An eleven-member committee to evaluate bids for hydrocarbon research and exploitation in three areas of Greece has been set up at the Ministry of Productive Reconstruction, Environment and Energy. It will cover the areas of Arta and Preveza (northwestern Greece), Etoloakarnania prefecture (central...