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Related Articles
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
Awakening Greece’s gas prospects
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
Accelerating MENA’s gas transformation
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
MENA states try to change their gas fortunes
While Syria has gas import plans and Jordan is targeting greater production, Egypt is struggling with declining output and Lebanon with the after-effects of conflict
Europe’s malaise offers risk and opportunity for Turkey
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
Turkey navigates game-changing LNG dynamics
The country is aiming for hub status as it boosts regas and storage capacity, but while the opportunity is great, there is much work still to do
Iraq’s tangled Ceyhan oil web
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
Turkey aims to reduce dependence on energy imports
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
Energean ready to go deep into Africa
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa
Solo performance: Prinos is Greece’s only producing oilfield
Greece Cyprus Turkey Egypt
Gerald Butt
3 September 2018
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Greece presses the E&P button

Plans for deep-water exploration have raised hopes of an eventual major natural gas discovery, while onshore oil development is progressing slowly

In a modest, modern building tucked away in a leafy residential street close to the centre of Athens a major energy transition is being managed. The building is home to Hellenic Hydrocarbons Resources Management (HHRM). Since 2011, this state-owned company has been revitalising what had become a near-moribund energy sector.  HHRM exudes vigour, taking its cue, perhaps, from president and chief executive Yannis Bassias. Not so, he insisted, in an interview with Petroleum Economist. He said the firm's youthful vitality stemmed not from him but from the staff themselves: "When you take me out of the statistics, the average age here is 34, so this is great. We have a staff of just 17, we don't n

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