Subsea power cable maker Nexans has been awarded a major contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Greece and Cyprus.'As a critical part of a broader project to connect the grids of Greece, Israel, and Cyprus, the 525kV high voltage direct current (HVDC) cable will be the longest and deepest interconnector in the world with a bi-pole length of 2x900 km…
Italian offshore energy services firm Saipem has completed its work scope on the Gastrade’s liquefied natural gas (LNG) project offshore Greece, which is expected to strengthen the LNG supply in Southeastern Europe.Saipem’s work scope for Gastrade’s…
Maritime Developments (MDL) has assisted Saipem in progressing an LNG project offshore Greece, which included work on the connection of Gastrade’s Alexandroupolis floating storage regasification unit (FSRU) to the country’s gas transmission system…
DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Offshore wind technology is viewed as crucial for achieving global goals towards zero emissions…
Greece on Tuesday moved toward building its first offshore wind farms, identifying areas for private development in a draft plan that the conservative government hopes will lessen the country's dependence on fossil fuels.The Mediterranean country…
British satellite communications company Inmarsat said on Wednesday it is nearing an agreement to move some of its ground communications systems from the Netherlands to Greece, resolving a conflict over 5G bandwidth use.The systems based in Burum…
Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday.Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U…
The GAP Consortium and Asso.subsea have signed a Memorandum of Understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt (Greece-Africa Power Interconnector – GAP).The GAP, founded by the Eunice Energy Group…
Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion,…
Greece's biggest oil refiner Helleniq Energy could decide on exploratory drilling in Greek offshore blocks within the next two years, its chief executive officer said on Friday. Greece has had indications of significant gas reserves of around 600 billion cubic meters…
Greece has concluded two-dimensional (2D) seismic surveys for two offshore blocks off the island of Crete, under its renewed drive to identify potential gas reserves, the state-owned energy resources company said on Monday. Greece, which views gas as a transition fuel as it ramps up renewables…
As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…
Greece issued an advisory on Tuesday saying the vessel Sanco Swift will conduct seismic surveys to locate potential natural gas reserves off the Peloponnese peninsula and west and southwest of the island of Crete.Prime Minister Kyriakos Mitsotakis announced the plan during an interview on Monday…
ExxonMobil will start conducting seismic surveys in two blocks southwest of Greece's Peloponnese peninsula and the island of Crete in the coming days, Prime Minister Kyriakos Mitsotakis said on Monday.Greece, an entry point for natural gas in the eastern Mediterranean…