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Monday
02
Feb 2026
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Christodoulides meeting with ExxonMobil’s vice president, 6-9 trillion cubic feet of natural gas estimated in Block 10

Intention to continue ExxonMobil's activities and discussions for new blocks

What the Trump doctrine “drill, baby, drill” brings: Greek EEZ, American giants and mega deals €30 billion Washington – Athens

Upgraded the role of our country which is being transformed into a key player in the new energy map and the security architecture of Europe – Huge the investment opportunities and shielding against the Turkish threat – Of vital importance also the revival of the 3+1 scheme in the Eastern Mediterranean

Papathanasis: We are building an even stronger economy, steadily returning the dividend of growth back to society

“Greece is writing a new chapter in its energy history,” he said, commenting on the signing of the agreement for Block 2 in the NW Ionian Sea, during his intervention in Parliament’s plenary session on the tax bill

Mitsotakis: A historic moment the agreement with ExxonMobil for drilling in the Ionian

“This is not just another investment. It is the first exploratory drilling in our country in almost 40 years,” the Prime Minister stressed – “We are exploiting our national wealth with planning and vision.”

The secrets of Block 2 in the Ionian Sea – The importance of the ExxonMobil, Energean and Helleniq Energy agreement for natural gas

Block 2 is located 30 km west of Corfu – the exploratory drilling is expected at the end of 2026 or the beginning of 2027 – the first concession was in 2018 and the 3D data in 2021

ExxonMobil, Energean and Helleniq Energy agreement for hydrocarbon drilling in the Ionian Sea – What is “Block 2” where the exploration will take place

The first agreement in Greece in 40 years – See on the map exactly where Block 2 is located

Papastavrou and Chafos met with ExxonMobil’s Vice President for European Relations

ExxonMobil's energy interest in Greece on the table - Earlier, Papastavrou had a telephone conversation with the Israeli Energy Minister, Eli Cohen

New gas field in the Cypriot EEZ – ExxonMobil announced it to Christodoulides

This is the second natural gas discovery in Block 10 by the same consortium, following that of the "Glaucus-1" well announced in February 2019

Papastavrou on Presidential decrees for settlements: Legislative regulation coming soon – New Urban Planning for 80% of the territory

The legislative regulation “will take into account both the law and jurisprudence, as well as the need to support small settlements and decentralization,” emphasized the Minister of Environment and Energy

Greek-Egyptian Memorandum on carbon storage – Skylakakis meets with ExxonMobil and Chevron

The prospects for hydrocarbon exploration were discussed during meetings in Cairo between the leadership of the Greek Ministry of Environment and Energy and senior executives of the two American companies

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