Total JV Looks to Explore Offshore Crete



The joint venture of Total, ExxonMobil and Hellenic Petroleum has submitted an official application to the Ministry of Environment and Energy expressing its interest to explore for hydrocarbons in two adjusted offshore blocks in Crete.

The three companies anticipate that the Greek State will accept the application and release an international tender, according to a statement from Hellenic Petroleum.

“If indeed the existence of exploitable hydrocarbons is verified, it is certain that our country will enter a new era, with obvious benefits for the national economy and the local communities, and will contribute to the geopolitical and energy upgrade of Greece,” Hellenic Petroleum President E. Tsotsoros said in a company statement.



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