Hellenic News

Total, JV partners seek to explore offshore Crete

Jun 05, 2017

A Total-led joint venture filed an official application with the Greek ministry of environment and energy to explore for oil and gas in two adjusted blocks offshore Crete, on 31 May. Total, ExxonMobil and Hellenic Petroleum (HELPE) expect…

Hellenic wins blocks offshore Greece

Dec 07, 2016

Hellenic Petroleum has been awarded Block 10 offshore western Greece, in the Kyparissiakos Gulf, as part of the 2nd International Round. Hellenic was already awarded two onshore blocks, and offshore Block 2, west of Corfu, in a joint venture with France's Total (operator) and Italy's Edison…

Hellenic Petroleum wins Patraikos block

Jul 25, 2013

A consortium of three companies has made a successful bid for an exploration concession on the Patraikos block, off western Greece. Hellenic Petroleum (operator), Petroceltic International, and Edison International, will each hold a one-third working interest in the concession…

Greek exploration-bid success

Jul 12, 2013

A consortium of three companies has said it has made a successful bid for an exploration concession on the Patraikos bock, offshore western Greece. Hellenic Petroleum (operator), Petroceltic International and Edison International, will each hold a one third working interest in the concession…

Energean explores Greece

Jun 17, 2013

Energean Oil & Gas plans to increase its exploration  and production offshore Greece. The firm received $60 million from the newlycreated Third Point Hellenic Recovery Fund. The cash will fund a four-well program in 2013 with the goal of doubling production to 4000b/d by year end…

Energean to explore Greece

May 16, 2013

Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…

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