Hellenic Petroleum SA
Hellenic Petroleum S.A. (ATH:ELPE) is a Greece-based company active in the energy sector. Its main activity is Refining, consisting of three refineries in Greece (Aspropyrgos, Thessaloniki, and Elefsina) and one in the Former Yugoslavian Republic of Macedonia (OKTA). The Group’s other sectors are: Retail Sales of Petroleum Products, which comprises the Group’s retail activities through its subsidiary EKO A.B.E.E. and operating a network of 1,245 fuel stations in Greece (out of a total of 8,000); Petrochemicals/Chemicals, which operates a petrochemicals complex that produces polypropylene, polyvinyl chloride (PVC), industrial aliphatic solvents and caustic soda/chlorine; Oil & Gas Exploration and Production, which includes joint ventures in Egypt, Libya, Montenegro and Albania; Engineering, providing engineering and consulting services; Power Generation Production & Trading, which operates an electric power generation unit; Participation to Natural Gas, and Pipeline Networks – S
News
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce that a four well drilling program at Abu Sennan in Egypt will commence with the first well spudding mid to late December. Gravity and magnetic surveys over the Lake Tanganyika South concession in Tanzania have been completed with data reviews indicating data quality to be high.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has executed Sale and Purchase agreements which will, subject to Egyptian regulatory authority approval and endorsement, give it exposure to new oil exploration opportunities in two highly prospective Egyptian onshore concessions.
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