Greece welcomes bid for offshore blocks

Oct. 28, 2013
Energean Oil & Gas says Greece’s government has responded positively to its bids for two further offshore blocks.

Offshore staff

ATHENS, Greece -- Energean Oil & Gas says Greece’s government has responded positively to its bids for two further offshore blocks.

The company and Israeli independent Ratio Petroleum submitted a request concerning the concessions in the Thermaikos Gulf and the Gulf of Orfanos.

Energean currently produces all Greece’s offshore oil, from thePrinos and South Kavala area fields.

10/28/2013