Tag: hydrocarbons

Government plans new hydrocarbon tender in autumn – Montenegro, 23 May 2018

Montenegrin Ministry of Economy is planning to publish another tender for awarding a concession for the exploration of oil and gas in the Adriatic Sea in the autumn, in order to collect data, process and interpret it, thus increasing the level of knowledge about the potential commercial hydrocarbon deposits. Montenegrin state will be the owner […]

Energean plans to raise 500 million dollars from London listing – Greece, 21 February 2018

Oil and gas producer Energean is planning to raise 500 million dollars through a listing on the London Stock Exchange in March and to use the bulk of that money to finance its newly acquired production activities in eastern Mediterranean. The company plans to invest 395 million dollars, out of the total of 500 million […]

Turkish blockade of Eni’s drilling ship off Cyprus coast continues – Region, 17 February 2018

The United Nations expressed regret over increasing tensions due to the Greek Cypriot administration’s unilateral hydrocarbon-related activities in the Eastern Mediterranean. UN Deputy Spokesman Farhan Haq said the UN Secretariat will not take a position on the rights of member states under the treaties to which they are party or under general international law, adding […]