According to the statement from Greek Ministry of Environment and Energy , the largest Greek oil refiner Hellenic Petroleum (ELPE) has been selected as the best bidder for the concession of offshore Block 10 in the gulf of Kyparissia, west of Peloponnese, for hydrocarbons exploration and exploitation. The statement from the Ministry said that the […]
Greek Ministry of Energy and Environment has issued a three-year permit to TAP AG, the company in charge of Trans-Adriatic pipeline (TAP) project, for the construction of Greek section of this gas pipeline in Northern Greece. The permit prescribes that the pipeline must be built in accordance with the approved plans, the budget and other […]
According to the statement from the company, Norwegian Statoil has entered a binding agreement for two exploration licenses in Thrace region in Northwestern European part of Turkey. The statement explained that Statoil acquired 50 % stake in the Banarli licenses, while the operator, Canadian company Valeura Energy Inc. will keep the remaining 50 %. These […]