Tag Archives: exploration

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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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 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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Prime Minister Kyriakos Mitsotakis announced on Tuesday that hydrocarbon exploration will be accelerated and revealed the six areas in western and southern Greece where concessions have already been awarded for this purpose. One land area and five offshore areas where concessions for hydrocarbon exploration have already been awarded in the …

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Cyprus on Friday signed a natural gas exploration and production sharing contract for an offshore field in its Exclusive Economic Zone (EEZ) with ExxonMobil and Qatar Energy. The two will start field work for seismic data acquisition in block 5 next year. The agreement was signed at the presidential palace …

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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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“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 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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