
Greece Nears Second Hydrocarbon Drilling in Ionian Sea
A second exploratory drilling for hydrocarbons in Greece's Ionian Sea, specifically in the Kyparissiakos Gulf, is nearing completion following Chevron's entry into "block 10".
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A second exploratory drilling for hydrocarbons in Greece's Ionian Sea, specifically in the Kyparissiakos Gulf, is nearing completion following Chevron's entry into "block 10".

Chevron has received final approvals to enter Block 10 of the Kyparissiakos Gulf, acquiring a 70% stake and taking on the role of operator. This marks the beginning of the next phase of exploration in the area.

Chevron has filed to take a 70% stake in Greece's offshore gas Block 10 in the Kyparissiakos Gulf. This move marks a new step for hydrocarbon exploration in the Ionian Sea.