
Energy company sources, including information by Greece-based Energean, reported no problems with offshore natural gas and oil platforms in Israeli waters, amid the unprecedented attacks on Israeli territory by the Gaza-based Hamas terrorist group.
Ot.gr contacted companies over the weekend regarding the operation of the east Mediterranean energy fields.
Energean holds concessions for the Karish and Tanin fields since 2017.
A floating production storage and offloading (FPSO) facility processing natgas from the Karish field is located 90 kilometers from the Israeli coast, and is the closest to Cyprus’ EEZ.
Sources close to Energean also added that administrative offices in Tel Aviv and a FPSO technical base in Haifa were unaffected by the terrorist attacks.
The Greek company employs roughly 100 people in the country.


Latest News

‘MEGA NEWS’ – MEGA’s New 24-Hour Channel Debuts March 31
MEGA NEWS will be available via MEGA Play, the website www.megatv.com, and from May 1 on COSMOTE TV

Tax Debt in Greece Surpasses €110 Billion, 23% is Uncollectable
Over 70% of Greece's tax debt is owed by just 9,830 taxpayers, which are mostly large companies.

Goldman Sachs Maintains ‘Buy’ for PPC
The multinational investment bank and financial services company estimates PPC’s financial results were in line with expectations, with the American investment firm highlighting positive surprises in the execution of the company’s business plan.

Piraeus: Former Tobacco Factory to Become Vibrant Mixed-Use Hub
The development will feature 408 fully furnished apartments ranging from 44 to 69 square meters, including open-plan studios and one- or two-bedroom apartments.

Mitsotakis Announces Salary Increases for Armed Forces & Reaffirms Stance on Ukraine
From Paris, Greek Prime Minister Kyriakos Mitsotakis announced new salary increases for uniformed personnel

PPC: 2024 Goals on Target With EBITDA at 1.8bln€
Power utility announces data center 'valley' in western Macedonia of 1 GW, with energy of 2.7 GW

Chevron Eyes New Offshore Blocks South of Crete
This development follows Chevron’s recent interest in an offshore area south of the Peloponnese, a move that was reaffirmed today and has already been approved by the ministry.

Greece Announces Minimum Wage Increase to 880 Euros
Prime Minister Kyriakos Mitsotakis announced that Greece’s minimum wage will increase to 880 euros starting on April 1, 2025.

Renewable Energy: Greece Prepares for Easter Grid Strain
Greece will hold a meeting to prepare for potential blackouts over Easter, stemming from high renewable energy generation and low demand.

Turkish Tourism Surge Expected as Greece Extends Express Visa
There is growing support for making the program permanent, as it has proven to be a crucial factor in increasing visitor numbers to these islands.