Thursday, August 17, 2017

Greece launches new tender - OIL & GAS JOURNAL

HOUSTON, Aug. 17 2017
Tayvis Dunnahoe

Greece’s Ministry of Environment and Energy has invited interested parties to submit bids within 90 days from the date of publication of its tender notice in the Official Journal of the European Union.

The tenders were published in the Greek gazette on Aug. 11. Yannis Bassias, director at Hellenic Hydrocarbons Resources Management SA (HHRM), told OGJ, “Although the Greek gazette published the tenders, the official 90-day competition period will start from the day the European gazette publishes the tenders, probably in September.” 





The international tenders are in the Ionian Sea west of Greece and west-southwest of Crete. The promotions are initiated by an expression of interest submitted by the joint venture of Total SA, ExxonMobil Corp., and Hellenic Petroleum (Helpe), which seeks to develop the area offshore Crete. The western Greece Ionian block has been submitted by Energean Oil and Gas.


In addition to seismic packages, HHRM is also making available all well data outside previously awarded blocks. The offshore wells Patra 1, West Katakolon 1, 1A, and 2, the onshore Katakolon 101, 102, 103, 104, and 105 are not available commercially but can be reviewed in the Ministry’s data room.

SOURCE