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Chevron-Helleniq wins Greece's offshore oil bid, paving way for energy independence efforts.
The Chevron-Helleniq Energy consortium has been named the preferred bidder for four offshore exploration blocks in Greece, following a 2025 government tender.
The Hellenic Hydrocarbons and Energy Resources Management agency has directed the group to begin lease negotiations, marking Greece’s first major offshore hydrocarbons licensing round in years.
The deal aims to boost Greece’s energy independence and regional influence, with Chevron bringing deepwater expertise and capital, while Helleniq Energy leverages its existing domestic upstream operations.
The government finalized the selection after evaluating the consortium’s September bid.
Chevron-Helleniq gana la licitación de petróleo en alta mar de Grecia, allanando el camino para los esfuerzos de independencia energética.