Ionian Sea Block 10 goes to Hellenic Petroleum

7 December 2016
602 Views

ATHEX blue chip company Hellenic Petroleum is the bidder selected for the concession of Block 10 in the Gulf of Kyparissia, west of the Peloponnese, for surveying for and utilization of hydrocarbons in the area, according to a statement by the Environment and Energy Ministry on Tuesday.

In the next few days the tender’s valuation committee will invite the company to agree on the definitive text of the draft
concession contract, the ministry added.

The consortium of Total-Edison-Hellenic Petroleum was recently chosen as the preferred bidder for Block 2 in the Ionian Sea, west of Corfu. The ministry announced that the contract for this will be signed soon.
It follows the selection of Hellenic Petroleum for onshore blocks at Arta-Preveza in Epirus and in the northwestern Peloponnese.

Hellenic Petroleum chief executive Grigoris Stergioulis commented on the Block 10 selection saying that his company constitutes the “natural choice in our country” given its experience and highly skilled staff.

“We are ready to proceed with the surveying and utilization [of the block] immediately after the ratification of the concession contract by the Parliament,” he added.

You may be interested

The Crusader castle of Chlemoutsi in the Peloponnese
GREECE
shares19 views
GREECE
shares19 views

The Crusader castle of Chlemoutsi in the Peloponnese

Panos - Jan 19, 2021

Imposing, and rich in history, Greece hosts countless medieval castles and fortresses. Each one has a different story to tell…Some…

Independent Panel says WHO and China failed to act fast in Covid-19 response
GREECE
shares33 views
GREECE
shares33 views

Independent Panel says WHO and China failed to act fast in Covid-19 response

Panos - Jan 19, 2021

The World Health Organization and Beijing could have acted faster when Covid-19 first surfaced in China, a group investigating the…

Cavusoglu openly threatens Greece with war in front of German Foreign Minister
GREECE
shares30 views
GREECE
shares30 views

Cavusoglu openly threatens Greece with war in front of German Foreign Minister

Panos - Jan 19, 2021

Greece and Turkey might have agreed to sit at the table for exploratory talks at the end of January, but…

Leave a Comment

Your email address will not be published.