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.
The Greek government is attributing geopolitical significance to Papastavrou's visit, aiming to capitalize on Chevron and ExxonMobil's activities to strengthen the strategic alliance with the United States.
Last week, Papastavrou signed the acceptance of interest for the two Cretan blocks, while similar decisions regarding the two Ionian Sea blocks were signed by his predecessor.
This step marks a significant development in Greece’s ongoing efforts to tap into its underexplored energy reserves.
Chevron has formally expressed interest in the offshore area "South of the Peloponnese" and, as of March 26, also for blocks "South of Crete I" and "South of Crete II."
Multinational expresses interest in hydrocarbon exploration in two blocks due south of the large island of Crete
This development follows Chevron’s recent interest in an offshore area south of the Peloponnese, a move that was reaffirmed today and has already been approved by the ministry.
Chevron and HELLENiQ ENERGY have already shown interest
Ot.gr: Hydrocarbon exploration, exploitation tender will be unveiled upon publication in government gazette; Reports cite Chevron interest
"It is possible that within the year, we will see the first exploratory drilling, most likely in the Crete region, which will give us an initial picture of potential hydrocarbon deposits," Sdoukou emphasized.