Chevron Completes Entry Into Greek Offshore Block as Athens Cements Role as Regional Energy Hub

Chevron has completed all regulatory procedures to enter Block 10 in the Gulf of Kyparissia off the western Peloponnese, Environment and Energy Minister Stavros Papastavrou has announced, marking the U.S. energy major's expansion into a fifth offshore concession in Greece. A Chevron delegation arrived in Athens on Monday to finalize the agreement, under which Helleniq Energy has transferred a 70% operating stake in Block 10 to Chevron following a joint participation request. Mr. Papastavrou ...

By ANTHEE CARASSAVA