Israel says received bids from Greek, Indian firms to explore offshore

Israel hoped it would draw 2-3 foreign firms to come drill in 24 new offshore blocks in its latest bidding round that opened a year ago.
An offshore oil platform. (File photo|Reuters)
An offshore oil platform. (File photo|Reuters)

JERUSALEM: Israel said on Wednesday it received bids to explore for oil and gas in its economic waters from Greece's Energean and a consortium of Indian firms including ONGC Videsh, Bharat PetroResources, Indian Oil Corp and Oil India.

Israel hoped it would draw 2-3 foreign firms to come drill in 24 new offshore blocks in its latest bidding round that opened a year ago.

Israel's Energy Ministry said it would spend the coming weeks examining each bidder's offer and work plan before making a final decision. It said it will hold another bidding round next year.
 

Related Stories

No stories found.

X
The New Indian Express
www.newindianexpress.com