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Greece

Greece Signs Lease for Oil and Gas Exploration in the Ionian Sea

A consortium led by France’s Total moved a step closer to exploring for oil and gas off Greece, after signing a lease on Tuesday with the government for a block in the Ionian Sea. The contract was signed during a...

Greece to Open Tenders for Oil and Gas Explorations

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...

Two New Offshore Oil and Gas Exploration Tenders Launched

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...

Greece to Name Preferred Bidders for Deep-Sea Oil and Gas Exploration

According to Greece's Energy Minister, Panos Skourletis, the evaluation of the bids cast for deep-sea oil and gas exploration in Greece will conclude in the coming weeks and will name the preferred bidders soon after. “We are evaluating three...

Εight Bids for Oil and Gas Exploration in Western Greece

The Ministry of the Environment, Energy & Climate Change announced yesterday in its official website that the country has taken eight bids for oil and gas exploration at the Ioannina block, the Patraikos Bay block and the Katakolo block in...

Skopelos Island: A Journey Through Time and Flavors

Set against the vibrant Aegean Sea backdrop, the island of Skopelos is an enchanting, timeless destination that mesmerizes visitors. Part of the Sporades archipelago, the island blends natural allure, deep-rooted history, rich gastronomy, and the warm embrace of Greek...

Gas Reserves of Greece Could Supply EU for the Next Five Years

Natural gas has always been a valuable commodity in Europe and is becoming even rarer now, but what is the reason for this? What is behind this is elevated prices due to the interruption in supply caused by Russia’s...

EU "Strongly Deplores" Turkish Provocations Against Greece and Cyprus — While Missile Tested on Black Sea

European heads of states and governments met in Brussels on Friday in a summit which was to address a range of issues, from fishery rights and Brexit talks to measures to deal with the coronavirus. However, at the urging of...

Greece Vows It Will Not Be Blackmailed as Turkey Extends East Med Exploration

Greece accused Turkey on Tuesday of being a troublemaker, escalating provocations in the eastern Mediterranean, following Ankara's decision to extended its energy exploration through its ship the Oruc Reis until September 12. "Turkey continues to faithfully fulfill the role of...

Greek PM Mitsotakis: "Greece Will Not Succumb to Threats and Blackmail"

On Wednesday, Greek Prime Minister Kyriakos Mitsotakis made a major foreign policy speech in response to this week's ongoing tensions in the Mediterranean, sparked by the sending of an oil and gas exploration vessel to the waters between Crete...

Turkish Oil Exploration Vessel Arrives on Continental Shelf; Unable to Conduct Research

According to Greek media reports, the Turkish oil and gas exploration vessel Oruc Reis has arrived, as expected, in the waters above the continental shelf of Greece near Kastellorizo, an island archipelago near the coast of Turkey. However, after putting...

Greek Foreign Ministry Calls on Turkey to Stop Illegal Oil Explorations

The Greek Foreign Ministry on Monday sent a clear message that the country will defend its sovereignty and national rights, formally calling on Turkey to immediately end the illegal oil and gas drilling activities which undermine the peace and...

Did Germany's Merkel Stop a Military Conflict Between Greece and Turkey?

German Chancellor Angela Merkel was instrumental in preventing a military confrontation between Greece and Turkey on Tuesday evening, according to German media reports. According to the newspaper Bild, Navy ships and fighter jets from both countries were on standby, after Ankara's...

Turkey Plans to Drill for Oil Near Greek Islands

Turkey plans to drill for oil near the Greek islands of Crete, Kasos, Karpathos and Rhodes based on a controversial maritime border agreement signed with the Libyan Government of National Accord in November of 2019. According to the Turkish news...

Greece, Cyprus and Israel Set to Sign EastMed Pipeline Agreement

The nations of Israel, Greece and Cyprus will sign a trilateral agreement on Thursday which will lay the groundwork for a planned 1,900-kilometer (1,181 mile) gas pipeline connecting Israel’s offshore natural gas fields with Europe. The deal for the Eastern...