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Feb 2026
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Oil drilling rig in Cyprus

Expected to start drilling soon

Greece: Katakolo oil reserves are three times larger than initial estimations

The new confirmed data come from an independent specialized evaluation company

Turkey’s first drillship to arrive by end of December

Turkey has already undertaken oil & gas exploration using two seismic ships, but the Deepsea Metro 2 will be the country’s first active drillship

Greece can become the energy gateway to all Europe

The Greek gas & oil sector is where the smart money is heading, thanks to planned pipelines, platforms & hydrocarbons hidden beneath the Mediterranean

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