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07
Dec 2025
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The geopolitical significance of Chevron’s participation in hydrocarbon exploration and the next steps of the major tender

The American energy giant enters the Greek upstream sector with a strong presence – acquiring 70% in a joint venture with Helleniq Energy

The exploration process for hydrocarbons south of the Peloponnese and west of Crete officially begins

The Ministry of Environment has accepted the proposal of the Hellenic Hydrocarbon and Energy Resources Management Company for the start of the licensing process - After the publication in the Government Gazette, the tender officially begins

Deputy Minister of Energy: “I want to believe that in 2026 the first hydrocarbon drillings will take place in Greece”

According to Deputy Minister Alexandra Sdoukou seismic surveys in the licensed areas were completed by 2023 and now their analysis is underway