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Athens Macedonian News Agency: News in English, 13-08-30
CONTENTS
[01] Energean Oil & Gas and Grekoil jointly bid for oil field in Katakolo
[01] Energean Oil & Gas and Grekoil jointly bid for oil field in Katakolo
ANA/MPA--Energean Oil & Gas and Grekoil agreed to submit a joint bid
in a tender for the exploitation of an oilfield in Katakolo, western
Peloponnese.
Energean Oil & Gas, in a statement issued on Thursday, said it has
submitted a joint bid with Grekoil Energy Ventures Limited within set
deadlines in the framework of an "open door" process launched by Greek
authorities and under the international practice of "forced marriage".
The new bid has taken in mind all maximum parameters for each separate
bid aiming to safeguard the fullest and most efficient exploitation
of the oilfield in Katakolo. The new joint venture will comprise of:
Energean Oil & Gas SA (42.5 pct), Trajan Oil & Gas Ltd (15 pct) and
Grekoil Energy Ventures Ltd (42.5 pct). Energean Oil & Gas will act as
operator of the joint venture.
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