Hydrocarbon Exploration will be Conducted in More Than 30 Areas - The National Herald

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Hydrocarbon Exploration will be Conducted in More Than 30 Areas

October 6, 2019

ANA

(Saipem via AP, FILE)

An undated photo of the the Saipem 12000 drilling floater. Turkish warships continue to impede a rig from reaching a location off Cyprus where Italian energy company Eni is scheduled to drill for gas, the Cypriot government said Monday, Feb. 12, 2018. Spokesman Nicos Christodoulides told state broadcaster RIK that the rig remains anchored about 30 miles (50 kilometers) from the drilling target off the island's southeastern coast. (Saipem via AP)

ATHENS – More than 30 areas for hydrocarbon exploration have been identified in the Ionian Sea and the sea area west and south of Crete.

The map of “plots” was presented by Hellenic Hydrocarbon Resources Management Managing Director Yiannis Basias at an energy conference on the Eastern Mediterranean.

The Parliament has ratified the agreement with Total, ExxonMobil and Hellenic Petroleum consortium for the concession of exploration in southwest Crete and west Crete, the agreement with the Hellenic Petroleum and Repsol consortium for the concession of exploration in the Ionian sea area and the agreement with Hellenic Petroleum for the concession of exploration in the sea area “Area 10 Ionian Sea” (Kyparissia Gulf).

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