Greece receives 3 bids for deep sea oil, gas drilling

14 July 2015, News Wires –  Greece said on Tuesday it had received three bids for deep sea oil and gas drilling in western Greece and south of the island of Crete.

Ionian Sea

Ionian Sea

The bidders were not disclosed. The names of the bidders, and areas over which they had expressed an interest would be released after tender documents are unsealed, the Energy Ministry said.

Greece last year invited investors to bid for test drilling in 20 offshore blocks stretching over more than 200,000 square kilometres in the Ionian Sea and South of Crete. The new left-wing government in March extended the deadline for the submission of bids by two months to July 14 in an effort to attract more interest in the tender.


– Reuters

About the Author