Greece on Friday announced it is awarding four offshore oil and gas exploration blocks to a Chevron-led consortium. Following evaluations and negotiations with Chevron, the joint venture Chevron Greece Holdings – Helleniq Upstream was picked as the selected applicant in the Greek exploration tender launched in April. The Chevron-led bid was the sole applicant in the tender for the blocks, named South of Peloponnese, A2, South of Crete I, and South of Crete II. Chevron and Greece now need to finalize the concession…
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