In a significant move, with the ultimate aim of strengthening the
In a significant move, with the ultimate aim of strengthening the country’s energy and geopolitical footprint in the Eastern Mediterranean, Athens is moving forward by signing the concession contracts for the four offshore blocks south of the Peloponnese and south of Crete, between the Greek state and the consortium of the American giant Chevron and HelleniQ Energy.
The process took place in the presence of Kyriakos Mitsotakis at 11:00 at the Maximos Mansion, where on the Greek side the contracts will be signed by Energy Minister Stavros Papastavrou and the CEO of EDEYEP (Hellenic Hydrocarbons and Energy Resources Management Company) Aris Stefatos, while on behalf of Chevron it will be Gavin Lewis, vice president of Global New Ventures, as well as Andreas Siamisis, CEO of HelleniQ Energy.
The first seismic surveys are expected to start, at a two-dimensional level, at the end of 2026- early 2027, while if there are indeed sufficient exploitable natural gas deposits, then the
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