Greece launches two exploration tenders

Greece will hold two tenders for offshore oil and gas exploration in the Ionian Sea and around Crete.
By Staff reporter 8 August 2017 0 27095

Greece will hold two tenders for offshore oil and gas exploration in the Ionian Sea and around Crete, Greek Energy Minister George Stathakis announced on Monday.

The minister has invited companies to submit offers within 90 days from the date of the announcement in the EU’s official gazette.

The decision comes after the Greek government approved an application in June from a consortium of Total, ExxonMobil and Hellenic Petroleum to explore for hydrocarbons off the coast of Crete and an application from Energean Oil & Gas for...

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