Tag: gas drilling

Chevron asks to join gas drilling off Greece: minister

Chevron Expresses Interest in Hydrocarbon Exploration Off Greece's Western Coast

Chevron has expressed interest in participating in hydrocarbon exploration off the western coast of Greece, particularly in the Ionian Sea, according to the country's energy minister. The announcement comes as Greece prepares for an international tender for drilling rights, with plans to expand the exploration area by 25%. Environmental groups have raised concerns over the proximity of the exploration areas to a planned marine park.

comment ellinas The Stena IceMAX drillship hired by ExxonMobil for exploratory drilling in the Cyprus EEZ block 10

Gas Drilling Scheduled for Mid-January

ExxonMobil’s Stena IceMax drillship will initiate drilling in mid-January at the 'Electra' site within Block 5 of Cyprus' Exclusive Economic Zone. Energy Minister George Papanastasiou noted the promising geological formations at 'Electra'. The drilling program, in partnership with Qatar Energy, will also target the 'Pegasus' site in Block 10. This exploration aims to confirm the area's potential natural gas reserves.