Greece Gains Geopolitical Edge with Chevron Energy Bid

Greece Gains Geopolitical Edge with Chevron Energy Bid

Greece praised the bid as a “new chapter” for the country’s energy future. File photo. Credit: AMNA A joint bid by U.S. oil major Chevron and Greece’s HelleniQ Energy to explore for natural gas off the coast of Crete is a significant move that could boost Greece’s energy independence and strengthen its position against Turkey. The bid, submitted just before Wednesday’s deadline, targets four deep-sea blocks near Crete and the Peloponnese. It is …

PM Mitsotakis welcomes Chevron’s bid

Prime Minister Kyriakos Mitsotakis welcomed Chevron’s bid to explore four offshore hydrocarbon blocks, two south of Crete, as a key step that elevates Greece’s geopolitical role and makes it an “energy player.”

Chevron and Helleniq Energy Submit Joint Bid for Hydrocarbon Exploration South of Crete and Peloponnese - Helleniscope

ΕΑΝ ΠΡΟΤΙΜΑΤΕ ΕΛΛΗΝΙΚΑ ΠΑΤΗΣΤΕ ΤΗ ΣΗΜΑΙΑ ΣΤΟ ΚΑΤΩ ΜΕΡΟΣ ΤΗΣ ΟΘΟΝΗΣ The bid targets areas overlapping the Turkey–Libya memorandum, raising major geopolitical stakes. If successful, the project could generate billions in revenue, thousands of jobs, and position Greece as a key energy hub for Europe. By Helleniscope’s Editorial Team The joint bid by Chevron and […]