Does another Leviathan lurk offshore Crete?

Greece is the latest country to join the dash for East Mediterranean gas. While a decision on the multi-client seismic tender, initially intended for April, has been delayed until the tumult of the elections subsides, the government could still make a pre-announcement on an offshore exploration licensing round as early as October Greece is the latest country to join the dash for East Mediterranean gas. While a decision on the multi-client seismic tender, initially intended for April, has been delayed until the tumult of the elections subsides, the government could still make a pre-announcement on an offshore exploration licensing round as early as October.
By Leigh Elston 9 May 2012 0 9602
Energy developments in the southeastern Mediterranean. (Pytheas Investor Service)

Greece is the latest country to join the dash for East Mediterranean gas. While a decision on the multi-client seismic tender, initially intended for April, has been delayed until the tumult of the elections subsides, the government could still make a pre-announcement on an offshore exploration licensing round as early as October.

Eight companies have submitted bids to conduct geological surveys for oil and gas reserves in the Ionian Sea and waters south of the island of Crete. These are: ION Geophysical, TGS-NOPEC, Dolphin Geophysical and...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up