This course is a two-year, full-time multidisciplinary programme covering a wide range of earth science, engineering and economics subjects applied to hydrocarbon exploration and production. Leads to a Master degree in Hydrocarbon Exploration and Exploitation.

The program enjoys close links with the Hellenic Petroleum Industry, which provides data for use in the courses, presentations to supplement course material and help the students to conduct their internships and their individual research projects with an industry host.

Four Hellenic Universities are involved:

  1. School of Geology, Aristotle University of Thessaloniki (Coordination),
  2. School of Mining and Metallurgical Engineering, National Technical University of Athens,
  3. Faculty of Geology and Geo-Environment, National & Kapodistrian University of Athens,
  4. School of Economics, Democritus University of Thrace.

Moreover, Schlumberger, the leading provider of software for the international E&P industry, supports this initiative by providing academic licenses for software to be used by the students [Petrel, Techlog, GeoX, PetroMod, ECLIPSE, Merak, Petrel GPM Carbonate Simulator and Petrel GPM Clastic Simulator].

Furthermore, CMG software for reservoir simulation is available for both teaching and research interests.

Objectives – Aims

The objectives of the M.Sc. in “Hydrocarbon Exploration and Exploitation” are the following:

  • Development of advanced skills and abilities applied to the oil and gas industry (e.g. basin analysis, sedimentology and sequence stratigraphy, structural geology, reservoir characterization, acquisition and processing of seismic data, seismic interpretation, geostatistics, petrophysics and reservoir geomechanics, production engineering, drilling engineering, reservoir engineering etc.)
  • Application of these skills in the full spectrum of prospecting and exploration of hydrocarbons as well as in development and production activities, through lectures, fieldwork, projects and company visits.
  • Demonstration of modern methods and supplementary software for seismic interpretation, basin modeling, reservoir modeling and prospecting (Petrel Suite), as well as well logging, reservoir simulation (CMG software), drilling, reservoir fluids studies, monitoring of producing wells in relation with economics and environmental parameters.
  • Promoting a culture of interdisciplinary cooperation and synergy between groups of geoscientists and engineers, simulating real working conditions in oil and gas companies.
  • Improvisation of communication skills, decision making, economic and risk analysis, as well as project management. Our students build strong team- working skills, but also independent research, planning, and organizing skills.

Overall, the aim of this postgraduate course is the high-quality training of geoscientists and engineering applied to the current needs of the oil and gas industry.


Core modules

  • Petroleum Geology and Petroleum Systems
  • Sedimentology and Sequence Stratigraphy
  • Basin Analysis
  • Petrophysics
  • Organic Geochemistry
  • Seismic Methods (Processing and Interpretation)
  • Drilling Engineering
  • Production Engineering
  • Reservoir Engineering

The M.Sc. lecture classes and labs are located on the School of Geology, Aristotle University of Thessaloniki, Greece. There are three labs for educational and research interests of the postgraduate students. The first one is a fully equipped Petrel Lab for seismic interpretation, reservoir modeling, and basin modeling. Moreover, a CMG lab for reservoir simulation. Finally, there is a Drilling Fluids Testing Lab, equipped with Fann instruments.


  • Fieldwork in Onshore and Offshore facilities, North Aegean Sea, Greece,

  • “Revithousa” LNG Terminal and Company visit to the “Hellenic Gas Transmission System Operator S.A.” (Liquefaction and Storage of Natural Gas Facilities),

  • Fieldwork in the Gulf of Patras for gas seepages and use of the side scan and bottom scan for seabed and near seabed imaging,

  • Fieldwork in Western Greece (source and reservoir rocks, tectonics, hydrocarbons migration and trapping mechanisms),

  • Visit to two entry points of Natural Gas in Greece, 'Sidirokastro' and 'Kipoi', operated by the Public Gas Corporation Company of Greece (DEPA S.A.).

Summer Internships

Every year an effort is made to place most of our students for summer internships in oil and gas companies.

Independent Project

Takes place between February and June of the fourth semester. Many of the projects are provided by Greek oil and gas companies, which provide data for use in the courses, presentations to supplement course material and help the students to conduct their internships and their individual research projects with an industry host.

For more information regarding course content, please click here.

Entry Requirements

Minimum academic requirement

An honors degree in any related subject to earth sciences and engineering, preferably at an upper second class level or above. Candidates holding an equivalent of a second class lower degree will also be considered. Professionals with different qualifications but relevant industrial experience – at least three years working experience in the oil and gas industry – are also welcomed to apply. For guidance for the international qualifications accepted see our Degree Requirements per Country.

If you have any questions about admissions and the standard required for the qualification you hold or are currently studying, then please contact the admissions team.

English language requirements

For admission to this Course, students must be able to provide satisfactory evidence of a level of attainment in the English language.

This will be a minimum IELTS score of 6.0 average, with no score less than 5.5 in any one component.

No need for submission of the English qualification is needed if the applicant’s native language is English or he/she has earned an English-taught degree.


The majority of our graduates are employed by oil and gas companies as engineers or geologists. They also work as consultants in energy-related consultant companies. An important part of our recent graduates continues with doctoral studies in prestigious Universities all around the world.


For this Master’s degree program total tuition fees of 5.200 Euros are applied. €2600 must be paid before the beginning of the 1st and €2600 before the 3rd Semester.

Program taught in:
Aristotle University of Thessaloniki - School of Geology
This course is Campus based
Start Date
2 years
5,200 EUR
By locations
By date
Start Date
End Date
Sep 30, 2020
Application deadline
Application deadline
End Date
Sep 30, 2020