Drilling for hydrocarbons in the Ionian Sea to start in 2019

Drilling for hydrocarbons in the Ionian Sea, and specifically in the Gulf of Patras and Katakolo, will start in 2019, Yiannis Bassias, president of the Hellenic Hydrocarbon Resources Management S.A. (HHRM S.A.) said in an event on Tuesday. Meanwhile, a campaign is underway for the promotion of marine areas in the Ionian and Crete.

In the West Patras Gulf, the consortium of Greek Petroleum and Edison is planning the first of the two to five exploration drills to follow in 2019. In Katakolo, a region that has been assigned to Energean, there are confirmed stocks of 10.5 million barrels. Production drilling will also take place next year with the view to start the production in 2020.

Ionian SeaHydrocarbonsDrilling
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