ExxonMobil, Energean move to next exploration phase

Energean–ExxonMobil–HELLENiQ JV enters second exploration phase offshore Greece

The Energean–ExxonMobil–HELLENiQ joint venture will continue exploration activities in Greece’s offshore Block 2, marking the start of the concession’s second exploration phase, according to the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA). The new phase includes the obligation to drill one exploration well as part of the minimum work program, representing a key step … The post Energean–ExxonMobil–HELLENiQ JV enters sec…

ExxonMobil, Energean move to next exploration phase

A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation’s hydrocarbons management agency said on Thursday, a move that would ⁠involve the first test drilling in the country for decades.