The target of starting Greece’s first exploratory drilling operation in nearly half a century in early 2027 remains on track, Environment and Energy Minister Stavros Papastavrou said. The announcement followed a meeting on Thursday evening with Dr John Ardill, vice president and head of global exploration at ExxonMobil, who confirmed the timetable. The drilling is […]
Prime Minister Kyriakos Mitsotakis described the agreement with ExxonMobil for hydrocarbon exploration in the Ionian Sea as “historic” in a video message posted on social media.
ExxonMobil is taking to a more advanced stage of maturity the project of exploring the Greek concessions for the two areas west and southwest of Crete in its joint venture with Helleniq Energy.
