Three Supermajors Interested in Greek Hydrocarbons

Three Supermajors Interested in Greek Hydrocarbons
energia.gr
Δευ, 17 Δεκεμβρίου 2012 - 17:56
Oil supermajors Total, Statoil and ExxonMobil have expressed their interest for the results of the seismic surveys that are being conducted right now in the area of the Ionian Sea and south of Crete by Norwegian PGS.

Oil supermajors Total, Statoil and ExxonMobil have expressed their interest for the results of the seismic surveys that are being conducted right now in the area of the Ionian Sea and south of Crete by Norwegian PGS.

According to the Greek government, those surveys have just entered their second stage and will be completed by February. Afterwards, around April, a license will be awarded for the first drilling to take place, but it will not happen before a few years have passed.

The drawing of prospects on the map and the call for participation to Greek and foreign companies will occur by the end of 2014, while the first drilling will take place around 2017-18.

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