Thursday, March 28, 2024

Western Greece News

Exxon, Total, Repsol among bidders for oil exploration off Greece

Oil majors Exxon Mobil, Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece. Greece's oil and gas resources management company (HHRM) said on Monday that Exxon and Total, each with 40 percent stakes…

Greece Greenlights Total, Edison O&G Exploration

Greece's parliament gave the go-ahead on Wednesday for companies including France's Total and Italy's Edison to explore for oil and gas in the west of the country. Licences for four blocks - one offshore and three on land - were awarded in 2016…

Greece Launches New Offshore Oil and Gas Tenders

Greece launched two tenders on Monday 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…

Greece Approves Trio of Drillers for Offshore Contracts

Greece approved applications submitted by a consortium of Total, ExxonMobil and Hellenic Petroleum for oil and gas exploration and drilling off the island of Crete, its energy ministry said on Friday. The ministry also approved an application…

Repsol Strikes Onshore Deal with Energean Oil

Spain's Repsol has entered a so-called farm-in agreement with Energean Oil & Gas for a 60 percent stake in two onshore blocks in western Greece, Energean Oil said on Friday. Under a farm-in agreement, an oil and gas company acquires an interest in a lease owned by another group.

Greece, Total-led Venture to Sign Offshore Gas Deal Friday

Greece and a consortium led by France's Total will sign a deal on Friday for deep sea gas exploration in one block in western Greece, an energy ministry official said on Thursday. In October, Greece named a consortium of Total, Greece's biggest oil refiner Hellenic Petroleum…

Hellenic Petroleum is Preferred Bidder for Greek Offshore Gas Drilling

Hellenic Petroleum has been named preferred bidder for an offshore gas drilling block in western Greece, the country's largest refiner said on Tuesday. Greece has made several fruitless attempts over the last 50 years to find big oil and gas reserves.

Greece to Evaluate Deep-sea O&G Exploration Bids

Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves. Plunging…

Greece's Sole Oil Producer Boosts Output

Greece's sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30 percent since early January, it said on Wednesday, as the debt-ridden country seeks to tap into its limited oil reserves. Plunging crude prices have…

Total Consortium Bids for Greek Offshore Block

France's Total in a consortium with Greece's Hellenic Petroleum and Italy's Edison has bid for one offshore gas drilling block in the west of Greece, an official with Hellenic Petroleum said on Friday. Greece, which clinched a third bailout with international creditors in August…

Greece Mulls Gas Exploration Awards

Greece will decide soon on the awarding of three onshore natural gas exploration licences in the west of the country in its second licensing round, Energy Minister Panos Skourletis said on Tuesday. Greece, which clinched a third bailout with international creditors in August…

Greece Receives Three Bids for Deep Sea Oil, Gas Drilling

Greece said on Tuesday it had received three bids for deep sea oil and gas drilling in western Greece and south of the island of Crete. The bidders were not disclosed. The names of the bidders, and areas over which they had expressed an interest would be released after tender documents are unsealed…

Greece Calls on Chinese Firms to Bid for Oil Quest

Greece invited Chinese firms on Monday to bid in a Greek tender for deep-sea oil and gas exploration later this year after Athens extended the bidding process in March. Greece, which depends on financial aid from the European Union and the International Monetary Fund to stay afloat…