Chevron, HELLENiQ ENERGY sign offshore concession agreements

HELLENiQ ENERGY, in collaboration with Chevron (CVX), signed today the Lease Agreements with the Hellenic Republic for the exploration of four offshore blocks located south of Crete and the Peloponnese, marking a significant milestone for Greece’s upstream development. Andreas Shiamishis, CEO of HELLENiQ ENERGY, commented: “This new concession agreement represents a strategically important step in HELLENiQ ENERGY’s long-term growth strategy and the further diversification of our portfolio. While investing in the energy transition, we recognize that hydrocarbons will continue to play a critical role in ensuring security of supply for many years to come.”