On August 7, Greece’s Energy Ministry announced two international tenders for granting the right to explore and exploit hydrocarbons in the Ionian Sea and Crete.
epa04562446 A view of the Repsol oil rig off the coast of the Canary Islands, Spain, 16 January 2015. Spanish oil company Repsol finished its drilling operations in the Canary Islands and will leave the zone after the first explorations didn’t show a significant presence of gas or oil at the subsoil, the multinational announced in a press release. Repsol had started to drill for hidrocarbons in the islands on 18 November 2014 some 60 km far from Lanzarote and Fuerteventura islands. EPA/CRISTOBAL GARCIA
The new announcements for the granting of the right to explore and exploit hydrocarbons are being promoted following the applications submitted by the Total-ExxonMobil-EL.PE. (Hellenic Petroleum) Consortium, interested in the sea areas Southwest and West of Crete, and Energean Oil & Gas, for the sea area in Western Greece in the Ionian Sea, Greece’s Energy Ministry said in a…
