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Athens Macedonian News Agency: News in English, 13-08-30

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Energean Oil & Gas and Grekoil jointly bid for oil field in Katakolo

  • [01] Energean Oil & Gas and Grekoil jointly bid for oil field in Katakolo

    ANA/MPA--Energean Oil & Gas and Grekoil agreed to submit a joint bid in a tender for the exploitation of an oilfield in Katakolo, western Peloponnese.

    Energean Oil & Gas, in a statement issued on Thursday, said it has submitted a joint bid with Grekoil Energy Ventures Limited within set deadlines in the framework of an "open door" process launched by Greek authorities and under the international practice of "forced marriage".

    The new bid has taken in mind all maximum parameters for each separate bid aiming to safeguard the fullest and most efficient exploitation of the oilfield in Katakolo. The new joint venture will comprise of: Energean Oil & Gas SA (42.5 pct), Trajan Oil & Gas Ltd (15 pct) and Grekoil Energy Ventures Ltd (42.5 pct). Energean Oil & Gas will act as operator of the joint venture.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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