Greece News

 

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…

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…

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…

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