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PGS

Greek Prime Minister: '150 Billion Euros Revenue From Hydrocarbons'

The Greek Prime Minister, Antonis Samaras, during a meeting that took place at the Ministry of Environment Energy and Climate Change, claimed that Greece’s tax revenue from the exploitation of hydrocarbons in a period of 25 years will reach...

300 Oil Companies Interested in Ionia and Crete

Approximately 300 foreign oil companies have been in touch with the Greek Ministry of Environment, Energy and Climate Change, expressing an interest in the seismic results from a survey in the Ionian sea area and northern Crete, carried out by...

Oil, Gas Report Coming End of Year

The Greek Ministry of the Environment, Energy and Climate Chance announced that it expects the seismological research and estimation by the Norwegian company PGS regarding the oil and natural gas reserves existing in the Ionian Sea and south of...

Oil and Gas Reserves in Greek Seas

According to Ethnos, four areas in Greece show 'great potential’ of having deposits of hydrocarbons (oil and gas). The first region starts at the northwest of Corfu, on the Albanian border and extends down to Paxos and Antipaxos, to the...

Hydrocarbon Reserves in Greek Waters

The Norwegian seismic surveys in the waters of the Ionian islands and Crete showed that these areas are rich in oil and natural gas. The results were confirmed yesterday by the Ministry of Environment, Energy & Climate Change stating...