Greek authorities are urgently looking for a replacement for the departed Total

The Greek authorities are offering other companies that have received concessions for the development of hydrocarbons in Greece to take over the areas that the French TotalEnergies refused. ΕΔΕΥ started negotiations with potentially interested international groups for their participation in hydrocarbon exploration, since after the official withdrawal of TotalEnergies, the transfer of its share to […]

Didn’t find it? TotalEnergies announces exit from two hydrocarbon blocks

French company TotalEnergies (of the Total group) on Thursday announced its decision to abandon two exploration blocks it had been searching for hydrocarbons near Crete after completing exploration in those areas. The company said in a statement that they have informed the Greek authorities and their partners of the decision. According to the announcement, TotalEnergies […]

Greece Accelerates Hydrocarbon Exploration, PM Reveals Search Areas

Prime Minister Kyriakos Mitsotakis announced Tuesday that hydrocarbon exploration will be accelerated and named six sites in western and southern Greece where concessions have already been granted for this purpose. Prime Minister Kyriakos Mitsotakis said at a meeting on Tuesday that one land area and five sea areaswhere concessions for hydrocarbon exploration have already been […]

Turkey proposes “joint exploitation of the Aegean”, Greece is positive

Turkish Defense Minister Hulusi Akar said on Thursday that Turkey had proposed “joint development of the wealth-producing Aegean Sea with Greece.” According to the Turkish minister, he received a positive response. Speaking to reporters after an extraordinary meeting of NATO defense ministers in Brussels, Akar said: “This is important from the point of view of […]

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