Related Articles
Solo performance: Prinos is Greece’s only producing oilfield
Forward article link
Share PDF with colleagues

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

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Russia mulls fiscal changes to boost less-advantaged oil
24 January 2022
Last year saw reserve replacement at over 100pc. But there are concerns this is unsustainable without better incentives
KRG craves 2022 stability
24 January 2022
Having benefitted from improved oil prices and better relations with Baghdad in 2021, Erbil is looking for more of the same
Shell ruling casts shadow over South Africa
24 January 2022
The court’s decision on the major’s seismic survey could have wider implications for the country’s upstream
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video