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Jun 2015

Bernitsas Law advises Hellenic Petroleum on tender for onshore hydrocarbons exploration

We advised Hellenic Petroleum in its capacity as preferred bidder in the tender process relating to the Onshore Block Areas of Arta – Preveza and Northwest Peloponnese. This is the second series of tenders for the exploration and production of hydrocarbons in Greece after the success of the open door tenders in 2014.

Hellenic Petroleum SA is listed on the Athens Exchange and the London Stock Exchange and partly owned by the Greek State. It is part of the Hellenic Petroleum group which is active in South Eastern Europe in the supply, trading and refining of petroleum and renewable Energy.