PGS Data for Greece 2017 Offshore Tenders - Open for Applications

The government of Greece recently announced three huge new exploration blocks. The invitation for bids opened formally on 2 December and will close on 5 March 2018. Contact us today to start your evaluation of the hydrocarbon potential of the available acreage.

PGS has a substantial library of modern broadband GeoStreamer® seismic data over the area, in addition to legacy and reprocessed seismic lines.  Access to this data is an official requirement for all bidders and provides the key to understanding the geology.

Three large blocks are on offer west of Greece. The first covers 6 700 sq. km in the Ionian Sea southwest of Corfu, the second spans 20 000 sq. km west of Crete, and the third is 20 000 sq. km southwest of Crete.

Offshore Greece Webinar 

Get an immediate overview of the area by accessing the PGS Webinar on Offshore Greece. Published on 15 November, the webinar provides an ideal first or next step in your evaluation.

  • Discover relevant seismic data products
  • Gain a regional geology overview
  • Assess hydrocarbon potential of the blocks
  • Get an introduction to the tender process

To access a recast of the webinar or for further information please contact mcmiddleeast@pgs.com

We can also facilitate data-room presentations of the seismic, well and interpretation data available together with our regional geologists. Tailored license packages are available to support your assessment of this opportunity.

Supporting HHRM and your application

PGS is proud to support the Hellenic Hydrocarbons Resources Management (HHRM) in the promotion of this tender process.

As a partner company to HHRM, PGS has played a key role in acquiring data to support exploration for hydrocarbons offshore Greece. Our 2012 2D seismic dataset includes Ionian block (1 280 line km), West of Crete (970 line km) and South West of Crete (1 370 line km). Access to these surveys is a requirement when submitting applications for the blocks.

For full information on bid requirements and the time schedule for applications can be found on the HHRM website.

Greece offshore acreage and seismic coverage 2017 licencingThe Ionian block, close to Corfu, offers opportunities to explore the extension of plays already proven in the Adriatic and the Balkans, while the large-scale frontier blocks to the south and west of Crete offer prospecting opportunities in the carbonate highs and sub-salt geology north of the border with oil-rich Libya.