Greece Approves Two Consortia for Hellenic Petroleum Bids

by Angeliki Koutantou
Monday, January 21, 2019

Greece on Monday approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatisations agency said.

The consortia are: Glencore Energy with a unit of U.S.-based Carlyle Group; and Vitol Holding with Algeria-based Sonatrach.

Glencore and Vitol had already been shortlisted last summer.

(Reuters, Reporting by Angeliki Koutantou Editing by Karolina Tagaris)

Categories: Mergers & Acquisitions Shale Oil & Gas

Related Stories

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Iran War Sparks Global Rush to Build Strategic Oil Reserves

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Current News

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com