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History - Georesources Technology S.A.

Company History

Years of experience with a continuous growth for GEOTECH S.A. and the course has always been full of success.

Starting from our Foundation with the 1st spark in:

1993

GEOTECH S.A. the 1st and only local company in Greece to provide wire-line logging services for Groundwater, Geothermal and Hydrocarbon wells.

1993-1999: Wireline logging applications provider in Water Wells, Geothermal Energy and Geotechnical Projects.

2000

GEOTECH S.A. to do Provision of Wire-line Logging and Slick-Line Services offshore Oil & Gas in Greece with Precision Energy Services.

Provision of Wireline Logging and Slick-Line Services offshore O&G N. Greece with Precision Energy Services.

2005

GEOTECH S.A. starts to operate and maintain Hellenic-Petroleum which is ( the major oil company locally) crude oil pipeline between Thessaloniki-Greece and Skopje-FYROM.

GEOTECH S.A. starts to operate and provide maintenance for HLPE crude oil pipeline between Thessaloniki-Greece and Skopje-FYROM.

2006

GEOTECH S.A. to become the major holder 90% operating and maintaining crude oil pipe-line between Thessaloniki-Greece and Skopje-FYROM as a project for Hellenic-Petroleum.

2009

GEOTECH S.A. to become and again the 1st and only local company in Greece, to provide oil-well services (Mud Logging, Wire Line Logging, Perforating and Pipe Recovery Services.. etc and Slick Line Services) offshore at Prinos Field contributing through long-term contract with KAVALA OIL & ENERGEAN OIL & GAS.

Gets into a long term contract with ENERGEAN OIL & GAS and KAVALA OIL S.A. to provide Wireline Logging and Slick Line Services, offshore in Greece.

2013

GEOTECH S.A. to expand its expertise internationally providing Mud-logging services and Exploration Wells Drilling Supervision in onshore Albanian Oil & Gas Fields.

Implementation of Mud Logging Services in cooperation with DRILL-LAB Drilling Supervision Services for Stream O&G, Albania, in horizontal well projects.

2014

GEOTECH S.A. Continues to expand its Geographical reach establishing Branches in North Africa and the Middle-East.

2014-2017: Cased and open hole wire line operations in prinos field/Greece/with energean oil and gas.

2018

GEOTECH S.A. Continues to expand its Geographical reach establishing Branches in North Africa and the Middle-East.

Cased and open hole wire line operations in Sudan with SHARIF Petroleum Operating Co. LTD.