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Greece

Premier Tsipras Announces US' ExxonMobil to Conduct Exploration South of Crete

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...

ExxonMobil Vessel Begins Drilling Off Cyprus

The Cyprus government announced Friday that ExxonMobil has started drilling at an offshore oilfield inside the island’s exclusive economic zone. Energy Minister Giorgos Lakkotrypis made the announcement in Nicosia during a meeting with US Assistant Secretary of State for Energy...

ExxonMobil Vessel Ready to Begin Drilling Off Cyprus

A drilling vessel leased by ExxonMobil has arrived in Cyprus' offshore block 10 and is preparing to drill into the seabed soon, the country's energy minister announced on Monday. Giorgos Lakkotrypis said that the Stena Icemax vessel had arrived on schedule at...

ExxonMobil Drillship Sails To Cyprus Amid Turkish Threats

A drillship leased by ExxonMobil continues its journey through the Mediterranean towards Cyprus, where it is expected to arrive on November 12. The Stena IceMax ship has passed the southern coast of Spain, as Turkey was again warning that it...

ExxonMobil to Drill Off Cyprus by End of 2018

Energy giant ExxonMobil plans to carry out an exploratory drill at a prospect off Cyprus sometime in the fourth quarter, a senior official said on Friday, after a meeting with President Nicos Anastasiades. “We discussed our plans for the drilling...

ExxonMobil Survey Ship Arrives in Cyprus

A survey ship sailed into the Cypriot port of Limassol to start preparatory work for an ExxonMobil-Qatar Petroleum natural gas exploratory drilling in Cyprus' exclusive economic Zone (EEZ). Cyprus' Energy Minister Yiorgos Lakkotrypis said the ship "will carry out an...

ExxonMobil to Carry Drillings off Cyprus in 2018

US Energy giant ExxonMobil announced on Wednesday it will carry out two exploratory drillings in block 10 of Cyprus’ Exclusive Economic Zone (EEZ) in the second half of 2018. ExxonMobil and Qatar Petroleum (QP) acquired an exploration concession for block...

Cyprus Government Signs Contract for Block 10 With ExxonMobil and Qatar Petroleum

The Cyprus government and the consortium of companies ExxonMobil Corporation and Qatar Petroleum signed on Wednesday the exploration and production sharing contract for Block 10 of the Exclusive Economic Zone of the Republic of Cyprus. The contracts were signed in...

Pompeo Solidifies US-Greek Relations in Visit with Foreign Minister Dendias

Greece and the United States reaffirmed their excellent bilateral relations and mutual desire to further deepen cooperation in a series of areas on Monday, in a meeting of Secretary of State Mike Pompeo and Greek Foreign Minister Dendias. The areas...

Greece, US Back Drilling Off Crete; Call for Respect for International Law

Greek and American officials hailed the partnership between oil giants ExxonMobil of the US, Total of France and Hellenic Petroleum in two offshore exploration licenses off Crete during a Monday teleconference. "Both sides welcomed the participation of ExxonMobil in partnership...

Mammoth Natural Gas Deposit Could be Lying Just South of Crete

Geological surveys of the sea area south of Crete have indicated that up to 10 trillion cubic feet of natural gas could be hidden under the sea bed, according to a report in the Greek daily Ta Nea on...

Greece to Allow Drilling for Oil, Gas at More than 30 Underwater Sites

More than 30 areas believed to be ripe for hydrocarbon exploration have been identified in the Ionian Sea and the sea area west and south of Crete, the Athens-Macedonian News Agency (AMNA) reports. The map showing the various sites was...

Greek Parliament Ratifies Concessions for Offshore Drilling in Ionian Sea and Crete

The Greek Parliament on Thursday ratified four concessions allowing the exploratory drilling and extraction of hydrocarbons in regions of the Ionian Sea as well as the waters west of Crete. Lawmakers approved the legislation for the ratification of the agreement...

Oil and Gas Contracts for Ionian Sea, Crete Now Before Greek Parliament

The proposed contracts for hydrocarbon exploration in four areas of the Mediterranean off Crete and the Ionian islands were brought before the Greek parliament on Wednesday for discussion and ratification. The contracts include the area designated as "Ionio," with rights...

US Ambassador Pyatt Calls Greece ''The Guardian of European Energy Security''

Speaking on Friday at the Southeast Europe Energy Forum 2019, currently taking place in Thessaloniki, the American Ambassador to Greece Geoffrey Pyatt said that Greece plays a leading role in the region in regard to energy-related issues. Pyatt expressed the...