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flag Chevron-Helleniq wins Greece's offshore oil bid, paving way for energy independence efforts.

flag The Chevron-Helleniq Energy consortium has been named the preferred bidder for four offshore exploration blocks in Greece, following a 2025 government tender. flag 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. flag 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. flag The government finalized the selection after evaluating the consortium’s September bid.

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