Greece Chooses Chevron-Helleniq for Key Offshore Gas Exploration Bid

Greece has selected a consortium of Chevron Corporation and Helleniq Energy for a crucial offshore gas exploration bid, aiming to enhance domestic energy production.

• The consortium, led by Chevron Corporation and Helleniq Energy, was chosen for offshore gas exploration in the southern waters of Greece, specifically near Crete and the Peloponnese.
• This tender response, initiated earlier this year, targets four deep-sea blocks aimed at increasing Greeces domestic gas output and reducing reliance on imports.
• Greeces energy ministry announced the decision on Friday, marking a significant step in the countrys strategy to boost its limited oil production capabilities.