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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
EBRD loans $20mn to Greece for oil development
The European Bank for Reconstruction and Development (EBRD) has given a $20mn loan to Greece’s sole oil producer Energean Oil and Gas to support new and existing projects. Energean is 45% owned by US hedge fund Third Point, and has an output of more than 4,000 b/d from two oil fields in the Prinos Basin off the Greek island of Thassos.
News Item details
Journal title: Petroleum Review
Subjects: Economics, business and commerce, Commercial, Oil and gas, Exploration and production, Oilfields, Energy infrastructure, Funding, Onshore Oil and Gas Production
