Greece Extends Deadline for Offshore Gas Storage Bids

Angeliki Koutantou
Friday, September 25, 2020

Greece has pushed back a deadline for the submission of non-binding bids for a contract to run an underground gas storage facility in the northern Aegean Sea.

Privatization agency HRADF, which manages the concession, said on Friday it had extended the deadline for initial bids to Oct. 19 from Sept. 30. It did not provide a reason for the delay.

It is the second time that the deadline is extended.

Investors have been invited to bid for the development and operation for up to 50 years of the gas storage facility in an almost depleted deposit off the northern Greek city of Kavala, according to the tender. 

(Reporting by Angeliki Koutantou)

Categories: Energy Subsea Activity Europe Mediterranean Sea

Related Stories

ExxonMobil to Drill for Gas Off Cyprus in January

Cadeler’s WTIV Newbuild Arrives to Rotterdam Ahead of Maiden Job

TGS Nets First 3D Streamer Job for 2025 Summer Season

Current News

Danos Leaders Recognized in “40 Under 40” Lists

ExxonMobil to Drill for Gas Off Cyprus in January

Mocean Energy Raising Funds to Advance Wave Energy Tech

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Subscribe for OE Digital E‑News