Greece News


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. Here is information on the Revithoussa terminal and other planned projects:REVITHOUSSAGreece's sole operational…

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…

Sanco Swift Vessel to Carry Out Seismic Survey Offshore Greece

Nov 08, 2022

Greece issued an advisory on Tuesday saying the vessel Sanco Swift will conduct seismic surveys to locate potential natural gas reserves off the Peloponnese peninsula and west and southwest of the island of Crete.Prime Minister Kyriakos Mitsotakis announced the plan during an interview on Monday…

ExxonMobil to Start Gas Reserve Seismic Surveys in Greece

Nov 08, 2022

ExxonMobil will start conducting seismic surveys in two blocks southwest of Greece's Peloponnese peninsula and the island of Crete in the coming days, Prime Minister Kyriakos Mitsotakis said on Monday.Greece, an entry point for natural gas in the eastern Mediterranean…

50Hertz Taps Hellenic Cables for Ostwind 3 Export Cable System

Oct 07, 2022

Cenergy Holdings's cables subsidiary Hellenic Cables has won a contract with the German transmission system operator 50Hertz for Ostwind 3, a 220 kV export cable system.Ostwind 3 will connect a segment of the designated wind farm area Windanker…

RWE, Hellenic Petroleum Partner Up to Build Offshore Wind Farms in Greece

Jul 05, 2022

RWE and Hellenic Petroleum Holdings have agreed to collaborate on the development, construction and operation of offshore wind farms off the Greek coast. Greece, which doesn't have any offshore wind farms installed at the moment, has set a 2…

Greece Can Cope With Possible Russian Gas Disruptions Thanks to LNG - Minister

Jul 04, 2022

Greece can cope well with potential cuts in Russian gas supply due to the availability of liquefied natural gas (LNG) as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security…

Greece, UAE Agree Joint Investments in Energy, Other Sectors

May 09, 2022

Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion) in the Mediterranean country and explore further cooperation in the energy sector, the Greek prime minister's office said on Monday…

Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece

May 03, 2022

The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs.Once delivered, the FSRU, with a capacity of 153…

Greek Recoverable Gas Reserves Seen Topping 600 bcm

Apr 15, 2022

Greece could be sitting on tentative recoverable gas reserves of more than 600 billion cubic meters, a senior executive of its hydrocarbons commission said on Thursday, as Athens accelerates gas exploration to cut its reliance on Russian energy…

Greece to Speed Up Gas Exploration Projects to Help Replace Russian Gas

Apr 12, 2022

Greece will speed up gas exploration projects in concert with private investors, its prime minister said on Tuesday, as it cuts its reliance on Russian energy and looks to become an energy hub in Europe.Russia's invasion of Ukraine and fears…

Swedish Floating Wind Tech Firm Sets Up Greek JV

Apr 11, 2022

Hexicon, a Swedish twin floating wind turbine technology company, has set up a joint venture in Greece with the local company EAMAA.'This is a first step to start the development of floating offshore wind projects off the coast of Greece. A…

Greece to Speed Up Offshore Exploration Amid Soaring Energy Prices, Supply Concerns

Apr 05, 2022

Greece plans to accelerate gas exploration in its western and southern waters in a fresh drive to tap domestic resources amid soaring energy prices and concerns over Russian gas supplies, government sources said on Tuesday.Greece has produced…

Energean Hires Halliburton for Carbon Storage Project Offshore Greece

Mar 25, 2022

Oilfield services firm Halliburton has won a contract with oil and gas firm Energean to assess the carbon storage potential of the Prinos basin in Greece.Halliburton said this week that its carbon capture, utilization, and storage (CCUS) experts…

Greece Teams up with Egypt on Gas Supply, Infrastructure

Nov 25, 2021

Greece and Egypt agreed on Thursday to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.Greece, which mainly imports gas from Algeria…

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