The Greek Parliament has ratified all four contracts for concessions for exploration and exploitation of oil and gas. The concessions are for offshore Block 2 in the Ionian Sea and onshore locations at Arta-Preveza, Etoloakarnania and Northwest Peloponnese. A Total-led consortium with Italian Edison and Greek oil refiner Hellenic Petroleum (ELPE) was awarded Block 2 […]
Seismic survey of the Ionian Sea Block 2 near Corfu, operated by the consortium of Hellenic Petroleum (ELPE), Total and Edison, will be carried out next November at earliest, as a result of the delay in the license agreement approval by the Greek Parliament. The operators of Block 2 reminded that seismic surveys, needed for […]
A consortium of Hellenic Petroleum (ELPE), Total and Edison signed an exploration and exploitation license agreement for offshore Block 2, west of Corfu island in the Ionian Sea. Greek Minister of Energy Giorgos Stathakis said at the signing ceremony that this agreement is very important for Greek economy as many major oil companies are interested […]