The US energy giant will join HELLENiQ ENERGY in offshore exploration in the Kyparissia Gulf, marking a new step in Greece’s efforts to assess its hydrocarbon potential

Papastavrou visits Washington and Houston to strengthen regional energy alliances as Greece pushes for greater gas security and supply diversification for Europe.

2D and 3D surveys obtained from HELLENiQ ENERGY have identified promising geological structures off the Kyparissia Gulf, with a subsurface that resembles the Ionian block where ExxonMobil is positioned.

In an Atlantic Council essay, the energy minister rejects what he calls the 'false dilemma' between renewables and hydrocarbons, setting out a four-track agenda that ties Greek energy policy ever closer to Washington.

The US energy giant has applied to acquire a majority stake and operator role in offshore Block 10, strengthening its presence in Greece’s hydrocarbon exploration sector

Greek officials weigh new offshore tender after stalled hydrocarbons project fails to advance to seismic surveys

From the final quarter of 2026, and most likely beginning in October, seismic surveys are expected to commence under the joint venture between Chevron and HELLENiQ ENERGY.

The signing of a drilling contract in the Ionian Sea reflects investor confidence in Greece’s economy and regulatory framework, officials said, while highlighting the potential for sizable gas discoveries.

A major contract for exploratory hydrocarbon drilling in the Ionian Sea marks Greece’s first such project in over 40 years, with operations expected to begin in 2027

Following talks at CERAWeek, Greek Ministers and Chevron agreed on steps to fast-track offshore exploration, with seismic surveys south of Crete planned before the end of 2026.

Oil exploration in the Ionian Sea, in western Greece, entered its second phase after the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) announced the consortium of Energean-ExxonMobil and HELLENiQ ENERGY had officially submitted its intent to continue operations in Block 2. ExxonMobil has officially joined the Block 2 offshore hydrocarbon concession in Greece as […]

The agreements grant rights for the exploration and potential exploitation of hydrocarbons in maritime blocks south of Crete and the Peloponnese

The former Greek prime minister criticized the government’s handling of offshore energy exploration south of Crete and raised concerns about alleged Turkish interference near Kasos, prompting a sharp response from government sources.

Energy minister says EU rejects Turkey-Libya maritime pact as unlawful and insists Greece is exercising its sovereign rights under international law

Ankara says Greece’s offshore hydrocarbon agreement with Chevron south of Crete violates international law and maritime claims declared by Libya, renewing tensions in the eastern Mediterranean

On the ExxonMobil front, Papastavrou confirmed that Greece will conduct its first exploratory drilling in nearly half a century in the first half of 2027.

A series of hydrocarbon drilling operations in Greece from 2027 to 2032

The U.S. oil major will sign four hydrocarbon exploration concessions in Athens, deepening American involvement in Greece’s energy sector and linking offshore ambitions to broader LNG and geopolitical strategy

According to sources, senior executives from U.S. energy giant Chevron are expected in Athens by February 20 to sign concession agreements with the Greek state.

Libya is not a civil war but a foreign contest that sustains the division by instrumentalizing Libyan factions