ExxonMobil in talks with Hellenic Petroleum over exploration
ExxonMobil representatives arrived in Athens late last week to finalize cooperation with Hellenic Petroleum (HEL.PE) in the field of exploration and exploitation of fossil fuels in Greece’s wider region.
The oil giant has already acquired a concession for an offshore lot off Cyprus, essentially its first foray into the southeast Mediterranean region in terms of exploration and drilling.
In terms of future cooperation with the partially state-run HEL.PE (the country’s biggest petro-chemical conglomerate), ExxonMobil is reportedly discussing lots in the Ionian Sea (off western Greece), and possibly south of the large island of Crete.
The only commercial oil deposits discovered and retrieved over past decades Greek territory have were the Prinos I and II fields east of the northern Aegean island of Thassos.
Government deputy premier Yannis Dragasakis met with executives of both companies.
You may be interested
Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)makis - Jun 22, 2021
The signatures for the biggest construction project that is taking place after Attiki Odos, fell tonight in Galatsi, where in…
Greece: Intelligence Services arrest 3 Turks with fake Interpol IDs trafficking illegal immigrants to EuropePanos - Jun 22, 2021
They were moving around in the center of Athens with Interpol IDs. They spoke five languages, had thousands of euros…
Greece: A single-engine plane crashed in the village of Charia in Ilia – Two deadPanos - Jun 22, 2021
A tragic accident took place in Haria in Ilia on Monday afternoon, when a private plane that had taken off…