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Tag Archives: exploration

Turkey-Libya preliminary hydrocarbon deal prompts Greece, Egypt to push back

Libya’s Tripoli government signed a preliminary deal on energy exploration on Monday, prompting Greece and Egypt to say they would oppose any activity in disputed areas of the eastern Mediterranean. Libya’s eastern-based parliament, which backs an alternative administration, also rejected the deal. Speaking at a ceremony in Tripoli, Turkish Foreign …

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ExxonMobil gets majority of exploration rights for Crete project

Hellenic Petroleum has announced announced that ExxonMobil acquired the majority of hydrocarbon exploration rights in the region of west and southwest of Crete, following the departure of TotalEnergies. ExxonMobil and TotalEnergies with 40% each, along with Hellenic Petroleum (20%) had the majority of hydrocarbon exploration rights previously. The Hellenic Petroleum …

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TotalEnergies announces withdrawal from two hydrocarbon blocks near Crete

TotalEnergies on Thursday announced its decision to withdraw from two hydrocarbon exploration blocks near Crete – Western Crete and Southwest Crete – after the completion of surveys in those areas It said that it has informed the authorities and its partners of its decision. According to the announcement, TotalEnergies remains …

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Hydrocarbon exploration doesn’t activate earthquakes, says Chief Seimsologist

Exploration for hydrocarbon does not activate earthquakes, said Greece’s chief seismologist, Efthymios Lekkas, Director of the Greek Earthquake Planning and Protection Organization. speaking at a seminar held in Chania, Lekkas clarified that there is no relation between exploration for oil and gas and the seismic activity recorded in early December …

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Hydrocarbon research in Westen & South Greece ends successfully

“The data collected during the geophysical research for the location of underwater hydrocarbon fields in the Ionian Sea and south of the island of Crete is very good,” Petroleum Geo-Services (PGS) executive vice-president Sverre Strandenes said upon the return of the Nordic Explorer research vessel to the southern port city …

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Turkish FM Davutoglu warns Greece against petroleum exploration

Turkish Foreign Minister Ahmet Davutoglu has said, “In such a situation Turkey takes counter action” upon news regarding Greece’s petroleum exploration works in the Aegean Sea. Davutoglu stated that they were following the issue, the two countries had positive relations and in such time it is better to abstain unilateral …

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