Tag: exploitation

ExxonMobil and OMV Petrom to decide soon on the Black Sea projects – Romania, 29 September 2017

Romanian Minister of Energy Toma Petcu said that US oil giant ExxonMobil and local subsidiary of Austrian OMV Group – OMV Petrom will made the final investment decision regarding gas deposits in the Black Sea at the beginning of next year. Since 2008, ExxonMobil Exploration and Production Romania has been exploring large offshore perimeter in […]

Greece launches new offshore hydrocarbons tenders – Greece, 7 August 2017

According to the statement from the Greek Ministry of Energy, it has launched two tenders for offshore oil and gas exploration and exploitation in the west and south of the country. The move follows expressions of interest by a consortium of Total, Exxon Mobil and Hellenic Petroleum (ELPE) for exploration in two sites off the […]

Richest hydrocarbons deposits located in southern Croatia – Croatia, 2 June 2017

Geologist Stanko Kadija, who was involved in geological research of the Adriatic and Dinarides in the southern part of Croatia, said in an interview that oil and gas deposits have been identified in these areas, but in small quantities which makes their exploitation unfeasible. Kadija explained that in southern Adriatic there are possibly three to […]