The first reliable findings from seismic surveys in the Ionian Sea and an area west-southwest off the coast of Crete will be available by the end of 2023 and this data will determine whether exploratory drilling will be carried out. Also, Energean is expected to launch its first exploratory drill Full article available for subscribers […]
A shortlist of second round qualifiers in a tender offering 20 % stake in Ariadne Interconnection, a subsidiary founded by electricity transmission system operator ADMIE to develop the Crete-Athens electricity interconnection, should be announced in late April. A total of four participants enter Full article available for subscribers of Energy NEWS service (PDF publications, energy […]
US oil major ExxonMobil is now analyzing the data collected by the survey vessel Sanco Swift in the areas under the seabed west and southwest of the island of Crete. If the data show the existence of significant natural gas deposits, the drilling campaign is expected to start in 2024 or 2025 at t Full […]