Chevron eyeing offshore Greece for oil and gas, aiming to boost the country's energy independence.

Chevron is interested in exploring for oil and gas offshore Greece, specifically southwest of the Peloponnese and west of Crete. The Greek government aims to boost energy independence and reduce costs, seeing natural gas as a key transition fuel. This interest coincides with ExxonMobil's ongoing exploration in the region, highlighting Greece's potential as a significant player in the global energy market. The Ministry plans to issue a decision on the exact areas and launch an international tender soon.

2 months ago
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