Seis­mic data for Io­nian Sea and south of Crete to be made avail­able to oil com­pa­nies

Kathimerini English - - Front Page - CHRYSSA LIAGGOU

Nor­we­gian com­pany Petroleum Geo-Ser­vices (PGS) has pro­vided the De­vel­op­ment and En­ergy Min­istry in Athens with all the data from its seis­mic sur­veys across the Io­nian and the sea area south of Crete, giv­ing Greece a com­plete data­base for an area of 30,000 square kilo­me­ters.

Ti­tled “Greece MegaPro­ject,” the data­base is now state prop­erty, ad­heres to the lat­est stan­dards of the in­ter­na­tional oil in­dus­try and, as the min­istry an­nounced yes­ter­day, will be made avail­able to oil com­pa­nies within Fe­bru­ary.

Next week the data will be pre- sented at the big­gest oil con­fer­ence in the world in Houston, Texas, where 17,000 del­e­gates rep­re­sent­ing over 1,000 com­pa­nies will be in at­ten­dance.

The data col­lected will be fully as­sessed in the next three months and in May the seabed blocks will be drawn up ahead of their con­ces­sion, so that in June the ten­ders for their ex­plo­ration can be­gin. An ini­tial as­sess­ment of the data points to in­ter­est­ing ge­o­log­i­cal struc­tures that are sim­i­lar to those in neigh­bor­ing coun­tries such as Al­ba­nia and Italy.

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