Tag: offshore

Drillship Yavuz to resume hydrocarbon explorations in Eastern Mediterranean – Turkey, 07 October 2019

Turkish Minister of Energy and Natural Resources Fatih Donmez said that Yavuz drilling vessel has reached the Guzelyurt-1 well location in the Mediterranean Sea to continue oil and gas exploration activities. The vessel is expected to start exploratory drillings in the next few days and will cont Full article available for subscribers of Energy NEWS […]

Revised offshore hydrocarbon law to offers better conditions for investors – Romania, 27 September 2019

A study by local law firm BirisGoran at the request of the Oil and Gas Employers’ Federation (FPPG) shows that the Romanian state will retain 60 % of the profits generated by offshore gas exploitation projects, according to the amendments to the offshore law drafted by the Energy Ministry, down from Full article available for […]

Four hydrocarbon concessions ratified – Greece, 26 September 2019

Greek Parliament ratified four contracts for hydrocarbon exploration off Crete and in the Ionian Sea. The concession contracts include the sea area designated Ionian Sea, signed with consortium Repsol/ELPE, Block 10 Ionian Sea signed with ELPE and the maritime areas West of Crete and Southwest of Full article available for subscribers of Energy NEWS service […]

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