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Greece signs 3 concession contracts for oil exploration licenses

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Staff Writer | May 29, 2017
Hellenic Petroleum
Oil exploration   Hydrocarbon exploration licenses

Greece signed with Hellenic Petroleum the concession contract for hydrocarbon exploration licenses in the on-shore blocks in the areas of Arta-Preveza and North western Peloponnese.

It also signed the license for the Aitolokarnania block with Energean Oil and Gas.

The contracts will be submitted to parliament for ratification.

Recall that Hellenic Petroleum has also been awarded two offshore blocks in W. Greece and has teamed-up with French Total and Italian Edison for an offshore license also in the same area.


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