Total, Exxon express interest in oil and gas exploration off Crete

Thursday, June 1st, 2017
Last Update: 09:39

A consortium that includes Total and Exxon Mobil has submitted an expression of interest in oil and gas exploration and exploitation in two sites off the Greek island of Crete, the energy ministry said on Wednesday.Greece΄s Hellenic Petroleum is the other company in the consortium.

According to the Energy Minister,Greece has received interest for hydrocarbons exploration and exploitation in two sites off the island of Crete from a consortium of Exxon Mobil, France΄s Total and Hellenic Petroleum.

The blocks south of Crete are reportedly among the remaining 17 out of 20 blocks in the Ionian Sea and south of Crete which were unsuccessfully offered in 2014.

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