HelleniQ Energy and Chevron partner in offshore Greece tender

·

HelleniQ Energy has partnered with Chevron to bid for exploration and production rights in four offshore blocks south of Crete and the Peloponnese, following a call for tenders by the Ministry of Environment and Energy.

The offer was submitted on Wednesday, September 10, in line with tender rules. For Chevron, the bid marks a new entry into Greece, while for HelleniQ Energy it expands existing exploration and production activities.

Environment and Energy Minister Stavros Papastavrou said the consortium’s participation “marks a new chapter in the utilisation of Greece’s undersea energy resources,” strengthening energy security and highlighting Greece’s geopolitical role in the Eastern Mediterranean.

The international tender was launched after Chevron first expressed interest in the blocks.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Administrator probes $14m loan linked to Derrimut Gym founder Nikolaos Solomos

A $14m director loan linked to founder Nikolaos Solomos is under review as Derrimut 24:7 Gym’s complex $40m administration unfolds.

Catsoulis’ self-storage empire faces takeover as Brookfield leads $4 billion push

National Storage REIT founder Andrew Catsoulis has been thrust into the spotlight as Brookfield and Singapore’s GIC table a $4b cash bid.

Jamie Pherous rejects resignation calls as Deloitte audits overcharge crisis

Corporate Travel Management CEO Jamie Pherous has rejected pressure to resign after the company admitted overcharging UK clients by $162m.

Maria Sakkari rallies Greek diaspora support ahead of United Cup return

Maria Sakkari shared her enthusiasm for representing Greece in Australia at the United Cup and appealed directly to diaspora supporters.

Tractors and tear gas: Greek farmers protest as EU subsidy delays deepen

Greek farmers clashed with police over delayed EU subsidy payments, using hundreds of tractors to shut the Athens–Thessaloniki motorway.

You May Also Like

Battle of the Corinth Canal: ANZAC role in defending the Isthmus bridge

On 26–27 April 1941, the battle of the Corinth Canal took place, marking the engagement of British Expeditionary Force in Greece during WWII.

Insight or Perspective: If we lose the language we lose everything!

Eleni Kostakidis, a teacher of Modern Greek and University lecturer is writing about the preservation of the Greek language in Australia.

Victoria’s council candidates finding other ways to gain voters with door-knocking restrictions in place

No door-knocking and handshakes have left more than 2,100 hundred Victorian council candidates exploring other opportunities for gaining supporters.