Tag: Edison

18-month extension for Gulf of Patras license – Greece, 23 January 2020

A consortium of Hellenic Petroleum (ELPE) and Edison has been granted an 18-month extension to complete second phase work at the Gulf of Patras license. Previously, the consortium requested more time to complete the second phase, including exploratory drilling. The Gulf of Patras license was awar Full article available for subscribers of Energy NEWS service […]

Energean to buy Edison’s oil and gas subsidiary for 750 million dollars – Greece, 04 July 2019

Energean Oil & Gas announced that it will buy Italian energy group Edison’s oil and natural gas subsidiary for an initial consideration of 750 million dollars. The acquisition would significantly expand Energean’s operations in the growing eastern Mediterranean gas hub, with a significant presenc Full article available for subscribers of Energy NEWS service (PDF publications, […]

ELPE and Edison reached agreement with Ellaktor’s stake in Elpedison – Greece, 11 June 2019

Greek oil refiner Hellenic Petroleum (ELPE) and Italian Edison, which hold combined 75.78 % stake in their joint venture company Elpedison, have reached an agreement with Greek construction company Ellaktor over its 22.74 % stake in the energy company. Following the deal, whose financial details Full article available for subscribers of Energy NEWS service (PDF […]