Greece approves western offshore license award

Sept. 22, 2014
The Greek Parliament has ratified a license agreement for hydrocarbon exploration and exploitation at the Katakolon block offshore western Greece.

Offshore staff

ATHENS, Greece – The Greek Parliament has ratified a license agreement for hydrocarbon exploration and exploitation at the Katakolon block offshore western Greece.

Energean has a 60% operating interest, in partnership with British Trajan Oil & Gas.

Mathios Rigas, Energean’s chairman and CEO, said the company’s program would comply with the strictest environmental standards.

09/22/2014