Hunt begins for ‘treasure’ hiding under the seabed

Surveys for hydrocarbon deposits successful western and southern Greece are successful the implementation phase.

In the past 4th of 2026, Energean is expected to motorboat the archetypal circular of exploratory drilling successful the Ionian Sea, where a imaginable deposit of astir 200 cardinal cubic meters of earthy state has been identified astatine a extent of 4,000 meters.

If a deposit is discovered, ExxonMobil will presume the relation of administrator, which will concern the probe with $50-100 million.

By January 14, the Energy Ministry seeks to implicit the concession of 4 blocks to Chevron-Helleniq Energy, so that Chevron tin cod information south of the Peloponnese and Crete adjacent fall.