ExxonMobil Confirms Offshore Drilling in Ionian Sea by Early 2027, First in 40 Years

ExxonMobil to Drill in Ionian Sea by Early 2027 in Greece's First Offshore Exploration in Four Decades

ExxonMobil is on track to begin exploratory drilling in the Ionian Sea in the first quarter of 2027, Greek energy officials said Tuesday, marking the country's first offshore hydrocarbon exploration in 40 years. The timeline was confirmed during a meeting at CERAWeek, the energy industry's flagship annual conference in Houston, between ExxonMobil Vice President John Ardill and Greece's Environment and Energy Minister Stavros Papasavrou and Deputy Minister Nikos Tsafos, with Hellenic Hydrocarb...

By ANTHEE CARASSAVA