Calamos Supports Greece

gas exploration

Greece has ‘High Expectations’ from Gas Deposits Off Crete

The government in Greece said Tuesday it has "high expectations" from the exploration of natural gas in the maritime area off Crete. Greece began gas exploration starting with seismic surveys in November 2022 conducted by the ExxonMobil/HelleniQ Energy joint venture...

Turkey Vows to Block Gas Exploration Off Coast of Cyprus

The Ankara-backed Turkish Republic of Northern Cyprus (TRNC) has issued a statement saying that it will oppose gas exploration off the coast of the island by the Republic of Cyprus. According to the TRNC, which is recognized only by Turkey,...

Environmental Groups Challenge Offshore Gas Exploration by Greece

Environmental groups in Greece have challenged the decision to start gas exploration west and southwest of Crete, saying that dangers to the marine environment have not been adequately assessed. Greenpeace, WWF, and the Pelagos Cetological Research Institute have been attempting...

Greece Begins Gas Exploration Off Crete

Greece began gas exploration starting with seismic surveys on Thursday in offshore areas west and southwest of Crete, Environment and Energy Minister Kostas Skrekas said. In speaking to public television channel ERT, Skrekas said that "the ship has begun. At...

Greece to Start Gas Exploration Off Crete ‘Within Days’

On Monday, Greece announced that Exxon Mobil will start a gas exploration project southwest of the southern Peloponnese peninsula and the island of Crete. The U.S. energy giant will start seismic exploration “in the coming days,” Prime Minister Kyriakos Mitsotakis...

Greece Set to Become Energy Hub Through New LNG Terminal

On Tuesday, Greece launched a liquified natural gas terminal which is being developed in Alexandroupolis, aimed at helping Europe and the Balkans become less reliant on Russian supplies. The LNG terminal is a “beacon sending a dual message: that with...

Turkey Sends Research Vessel Barbaros to Cyprus' Waters

Turkey's seismic research vessel Barbaros has set sail towards Cyprus’ exclusive economic zone (EEZ) to conduct gas exploration. A NAVTEX issued by Turkey on Tuesday states the Barbaros sailed from the port of Tasucu on Wednesday and is headed towards...

WWF Starts Campaign Against Gas & Oil Exploration in Greece

WWF Hellas is starting a major campaign against oil and gas exploration projects in Greece, aiming, to mobilize citizens to defend the seas and forests, local communities and fair and sustainable development. The first step for WWF Hellas is to...

Oil Giants Bid For Exploration Off Greece

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...

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...