Greece News

 

Nexans to Install Section of World's Longest and Deepest Interconnector

Jul 19, 2023

Subsea power cable maker Nexans has been awarded a major contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Greece and Cyprus.'As a critical part of a broader project to connect the grids of Greece, Israel, and Cyprus, the 525kV high voltage direct current (HVDC) cable  will be the longest and deepest interconnector in the world with a bi-pole length of 2x900 km…

MDL Assists Saipem on Gastrade’s LNG Development Off Greece

Apr 05, 2024

Maritime Developments (MDL) has assisted Saipem in progressing an LNG project offshore Greece, which included work on the connection of Gastrade’s Alexandroupolis floating storage regasification unit (FSRU) to the country’s gas transmission system…

Gastrade’s FSRU Alexandroupolis Reaches Greece

Dec 18, 2023

Gastrade’s new floating storage regasification unit (FSRU) has arrived to Greece after completing an almost 10-month conversion at the Seatrium shipyard in Singapore.The FSRU, dubbed Alexandroupolis, sailed away from Singapore on November 26…

DEME, FARIA to Explore Offshore Wind Farms in Greece

Dec 07, 2023

DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Offshore wind technology is viewed as crucial for achieving global goals towards zero emissions…

Greece Plans First Offshore Wind Farms to Reduce Fossil Fuel Dependence

Nov 01, 2023

Greece on Tuesday moved toward building its first offshore wind farms, identifying areas for private development in a draft plan that the conservative government hopes will lessen the country's dependence on fossil fuels.The Mediterranean country…

Inmarsat to Move Shipping Comms from Netherlands to Greece

Oct 11, 2023

British satellite communications company Inmarsat said on Wednesday it is nearing an agreement to move some of its ground communications systems from the Netherlands to Greece, resolving a conflict over 5G bandwidth use.The systems based in Burum…

Greece: Alexandroupolis Port Gets $26M EU Funding

May 17, 2023

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday.Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U…

Asso.subsea Partners with GAP Consortium for crucial Greece-Egypt Interconnection

Mar 28, 2023

The GAP Consortium and Asso.subsea have signed a Memorandum of Understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt (Greece-Africa Power Interconnector – GAP).The GAP, founded by the Eunice Energy Group…

Edison Plans Final Investment Decision on East Mediterranean Gas Pipeline to Europe By End of Year

Mar 20, 2023

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…

Greece's First FSRU Project Starts with Conversion at Keppel

Mar 01, 2023

Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion,…

Helleniq Energy to Decide on Exploratory Well Offshore Greece in 18-24 Months

Feb 27, 2023

Greece's biggest oil refiner Helleniq Energy could decide on exploratory drilling in Greek offshore blocks within the next two years, its chief executive officer said on Friday. Greece has had indications of significant gas reserves of around 600 billion cubic meters…

Gastrade Sees Decision On Second LNG Terminal This Year

Feb 23, 2023

Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…

Greece Wraps 2D Seismic Surveys in Gas Exploration Offshore Crete

Feb 21, 2023

Greece has concluded two-dimensional (2D) seismic surveys for two offshore blocks off the island of Crete, under its renewed drive to identify potential gas reserves, the state-owned energy resources company said on Monday. Greece, which views gas as a transition fuel as it ramps up renewables…

Greek FSRU Projects in the Pipeline

Dec 01, 2022

As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…

Helleniq Energy Plans to Acquire 3D Data for Greek Offshore Blocks

Nov 11, 2022

Helleniq Energy will start a process to acquire more advanced data for potential gas reserves in two offshore blocks in the Ionian Sea in the coming weeks, its top executive said on Thursday. Greece has had indications of significant gas reserves…

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