ROSGEOLOGIA DISCUSSES POSSIBILITIES OF IMPLEMENTING PROJECTS IN GREECE

General Director of JSC Rosgeologia Roman Panov met with the Minister for Industrial Reconstruction, Environment and Energy of the Republic of Greece Panagiotis Lafazanis and the President of Capelouzos Group Company Dimitrios Copelouzos.

As a result of the meeting with the Minister, the agreement on the organization of cooperation in the field of geology and subsurface use in Greece, both at the level of State-owned companies and private companies was reached. The decision was made to establish a joint working group consisting of representatives of Rosgeologia and the Ministry, which will be responsible for the organization of work in the field of geology and in the energy sector. Particular attention will be paid to the issues of replenishment of the mineral-raw-material base of the State and necessity to increase exploration of new mineral deposits, as well as to the search for thermal sources of underground water for generation of electric energy and subsequent construction of the hydrothermal energy sources in the country, and to 2D and 3D seismic exploration of the shelf of the Aegean Sea.

Reference:

Rosgeologiais a Russian multi-industry geological holding which specializes in a number of fields related to geological exploration, and offers a full range of exploration services, ranging from regional surveys to parametric drilling and subsoil monitoring. The holding boasts unique expertise, particularly in marine geology and shelf operations.

Rosgeologia was established by Decree No. 957 of the President of the Russian Federation dated 15 July 2011 on the basis of Tsentrgeologia – one of the oldest exploration companies in Russia. Rosgeologia is a fully state-owned company.

The enterprises within the holding company operate in all eight federal districts of Russia. Rosgeologia is made up of 38 enterprises located in 30 regions across the country. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields such as the Astrakhan field (2.5 trillion cubic meters of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic meters of natural gas), the Sukhoi Log deposit (about 2 thousand tonnes of gold), the Kursk Magnetic Anomaly, and many others.

Rosgeologia’s subsidiaries have rich experience in implementing projects abroad: dozens of new fields and deposits have been discovered in Asia, Europe, Africa, and Latin America.

Rosgeologia customers include such companies as Gazprom, Rosneft, Lukoil, Severstal, Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron, and many others.

source: rosgeo