Greece Expects to Sign Major Oil Test Drilling Contracts by Oct. 2015
Greece expects to sign contracts for the first large-scale oil test drilling in its western and southern waters by October 2015, ministry officials said, as the debt-laden country attempts to develop its untapped energy potential. Athens has tried in the past to find big oil and gas reserves but without success.
Greece to Sign 3 Oil, Gas Concession Deals
Greece said it would grant three concessions to explore and exploit oil and gas deposits next week, stepping up its quest to develop untapped energy potential. The three blocks will be awarded to groups including Greece's biggest refiner Hellenic Petroleum and its sole oil producer Energean Oil & Gas…