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flag Greece grants Chevron-Helleniq exclusive offshore drilling rights south of Peloponnese and Crete, paving way for LNG exports to Eastern Europe.

flag Greece has signed agreements with a Chevron-Helleniq Energy consortium granting exclusive rights to explore offshore hydrocarbons in four blocks south of the Peloponnese and Crete, with seismic surveys expected to begin in late 2026 or early 2027 after parliamentary approval. flag The deals, signed at the Acropolis Museum, mark a major U.S.-Greece energy collaboration aimed at advancing the “Vertical Corridor” initiative to deliver LNG to Eastern Europe. flag The move supports Greece’s strategy to become a regional energy hub and strengthens ties with the U.S. ahead of a February 24 energy summit in Washington.

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