Maria Damanaki on Greece’s green transition, energy politics, and the risks of inertia in the Aegean

The double significance of the agreement signed on hydrocarbons and the production schedule

Preliminary studies by HEREMA estimate potential natural gas reserves of around 680 billion cubic meters.

Greek PM Kyriakos Mitsotakis receiving visiting US Secretary of the Interior Douglas Burgum ahead of the expected opening of bids for hydrocarbon exploration in blocks south of Crete

Chevron and HelleniQ Energy have jointly submitted a formal bid to acquire four offshore blocks south of Crete and the Peloponnese.

Confirmation that Chevron, the U.S. energy giant, has submitted a binding bid would mark a significant success.

Greece expects major American companies to join hydrocarbon exploration south of Crete, a move seen as boosting its energy program and countering Turkish claims in the Eastern Mediterranean

Minister Stavros Papastavrou added that 'the exercise of our sovereign rights is up to us and no one else, truly, no neighbor has a say in how our country exercises its sovereign rights,' when asked about designating marine parks

Global oil majors are eyeing Greece’s upcoming tender for hydrocarbon exploration off Crete and the Peloponnese, with Chevron, BP, Eni and domestic player HELLENiQ ENERGY seen as potential bidders ahead of the September deadline

Major oil companies reviewed data in the virtual data room set up by the Hellenic Hydrocarbon and Energy Resources Management Company.

Sally Jones, Senior Advisor for International Affairs at Chevron: “Chevron maintains a strong and meaningful presence in the Eastern Mediterranean, a region that represents a core priority and an essential part of our future.”

The president of Turkey’s Foreign Economic Relations Board (DEIK) highlighted that the deployment of one drillship to Libya aligns with Ankara’s strategy to deepen regional partnerships

The timing of the call is seen as particularly significant, taking place against the backdrop of Libya’s objections to Greece’s offshore concessions south of Crete.

The Energy Minister underscored the geopolitical significance of the upcoming visit by U.S. Energy Secretary Chris Wright, scheduled for November 6–7.

The report provides a detailed overview of progress in hydrocarbon exploration, carbon capture and storage (CCS), and offshore wind energy projects.

Libya’s Foreign Ministry accused Greece of violating its sovereign rights by demarcating two offshore blocks south of Crete.

New seismic surveys by ExxonMobil southwest of Crete are not ruled out, according to Andreas Siamisis, CEO of HELLENiQ ENERGY.

Sources at the Greek Foreign Ministry say "Greece is not afraid to exercise its own sovereign rights."

The provisional government in Tripoli on Thursday claimed that the tendering of two blocks south of Crete 'violates' the country's sovereign rights

The visit was part of the Greek government's broader effort to promote investment in the country's hydrocarbon sector.