Greece accepts new Chevron gas drilling interest – ministry

Greece Accepts Chevron’s Interest in Hydrocarbons’ Exploration Off Crete

US energy giant Chevron has expressed interest in exploring blocks I and II south of Crete for potential hydrocarbon deposits. Credit: AMNA Greece has accepted Chevron’s interest in exploration for hydrocarbons off the island of Crete, the Greek Ministry of the Environment and Energy said Wednesday. US energy giant Chevron, the world’s second largest private company in the hydrocarbon sector, has expressed interest in exploring blocks I and II s…

Greece accepts new Chevron gas drilling interest – ministry

ATHENS, Greece — Greece’s environment ministry on Wednesday said it had accepted additional interest from US energy giant Chevron to join hydrocarbon exploration efforts south of the island of Crete. “The Greek government has accepted the expression of interest” for exploration areas south of the island of Crete, the ministry said in a statement. In January, the ministry had said Chevron was also interested in drilling for gas in the Ionian Sea,…

The Ministry of National Economy and Tourism will immediately proceed to issue a decision accepting interest, as well as decisions on the exact coordinates of the area, the type of contract and the announcement of an international tender - See map

Chevron's intention to begin exploration south of Crete marks a significant development in the energy map of the Eastern Mediterranean and Greece in particular. More...

Chevron seeks to explore for hydrocarbons South of Crete, says Greece

The Greek Ministry of Environment and Energy has announced that it welcomes the interest of U.S.-based energy giant Chevron in exploring for hydrocarbons south of Crete.

Chevron granted approval for hydrocarbon exploration in South Crete marine areas

Greece’s Ministry of Environment and Energy announced Wednesday, March 26, that it has accepted an expression of interest from US company Chevron to explore hydrocarbons in two new marine areas, South Crete I and South Crete II. The ministry will soon issue a decision to finalise the acceptance, determine the exact coordinates, and announce an international tender for the project. This move is seen as a significant step in utilising Greece’s nat…