ExxonMobil, Total discuss offshore drilling opportunities in Greece

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ExxonMobil, Total discuss offshore drilling...
 © In-Cyprus 2018
Greece’s energy minister held talks on Friday with representatives of U.S. oil major ExxonMobil and France’s Total about gas exploration opportunities off Greek shores, the energy ministry said.

A government official, speaking on condition of anonymity, said a consortium of ExxonMobil, Total and Greece’s biggest oil refiner Hellenic Petroleum are expected to submit an offer “in the coming period” for exploration south of Crete.

Friday’s meeting focused on “prospects for exploration and exploitation of hydrocarbon deposits,” the energy ministry said in a statement.

Greece has made several fruitless attempts over the last 50 years to find big oil and gas reserves, but its debt crisis has prompted it to step up those efforts.

Athens previously tendered blocks off Crete, its southernmost island north of Egypt and Libya and west of Cyprus, in 2013 but did not receive bids.

The country is also hoping to find gas off...


ExxonMobil, Total discuss offshore drilling opportunities in Greece


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