Greece

Greek oil producer Energean has exceeded its target for gas sales contracts needed, before it proceeds with plans to tap two gas fields off Israel's coast, according to market sources. Energean bought the Karish and Tanin fields, located in deep...

On Sunday Israel's Oil Refineries (ORL) announced it is engaging in discussions to buy 17 billion cubic meters of natural gas from the Greek exploration and production firm Energean, for an undisclosed price, Reuters reported. ORL is negotiating non-binding memorandums...

Greece's Energean Oil and Gas S.A.  is engaged in the exploration and production of Oil and Gas in the Mediterranean and North Africa.  As of Sunday May 28, they have expanded their production services to the country of Israel. Energean...

Energean will start drilling for hydrocarbons at the Katakolo site in the winter of 2016-2017, followed by seismic surveys at the Ioannina site the following summer, company Chairman and CEO Mathios Rigas said at an international energy conference taking...

Greek Premier Alexis Tsipras announced on Friday that the Greek government and the American Energy giant ExxonMobil will sign an agreement regarding energy exploration and drilling next week. Speaking to journalists in Brussels following the two-day European Council Summit, Tsipras...

Ankara issued a new NAVTEX blocking an area near Cyprus' northern coast on Thursday. Turkey says that it intends to conduct exploratory drilling in the broader area of the Gulf of Alexandretta, using the research vessel ''Rowan Norway.'' ''Rowan Norway'' is...

The Greek office of the World Wildlife Fund (WWF Hellas) issued a statement on Wednesday warning of ''huge environmental and economic risks to the detriment of Crete and the rest of Greece.'' The remarks came as Greek authorities are proceeding...

Oil production from Greece's Prinos deposit in Macedonia, which includes oil fields both inland and offshore, is expected to exceed 4,000 barrels daily and 1.5 million barrels annually. This breaks all records for the last decade's oil production, according to Mathios Rigas,...

Energean Oil, an international oil and gas exploration and production company based in Greece which has developed sites in Israel and in the Aegean and Ionian Seas, announced on Monday that it has signed an new agreement. The new compact...

A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday. The consortium will explore two sites off the western...

Two consortia have expressed interest in participating in two Greek oil and gas exploration and exploitation tenders for regions off Crete and in the Ionian Sea, the Hellenic Hydrocarbon Resources Management (HHRM) company has said. The two submissions are from...

Tenders for offshore oil and gas exploration and exploitation west and south of Greece have attracted “strong interest” from companies exploring in the Mediterranean, the head of Greece’s oil and gas resources management company announced on Wednesday. Greece launched the...

The quantities of oil at Katakolo, western Peloponnese, are four times larger than initially estimated, Energean sources revealed on Thursday. Proven reserves amount to 10.7 million barrels, instead of the estimated three million barrels expected during the period of the...

The Greek government has opened two tenders for offshore oil and gas blocks in the Mediterranean and Ionian Seas and has invited IOCs to submit bids. The Hellenic Hydrocarbon Resources Management (HHRM) office in Athens has not yet identified which...

The Greek government has launched two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the Energy ministry announced. The move follows expressions of interest by a consortium of Total, Exxon Mobil...