HELLENiQ Energy has confirmed its participation, in partnership with Chevron, in the Call for Tenders issued by the Ministry of Environment & Energy (FEK 2104/30.04.2025) for hydrocarbon exploration and production rights in four offshore blocks located south of the Peloponnese and south of Crete.
The joint offer was formally submitted on 10 September, in line with tender regulations.
This step marks a significant milestone for HELLENiQ Energy as it builds on its existing exploration and production portfolio in Greece, reinforcing the company’s commitment to supporting the country’s energy ambitions and strengthening its upstream activities.
For Chevron, the participation represents a strategic new entry into the Greek energy market, underscoring the international appeal of Greece’s offshore potential.
The partnership between HELLENiQ Energy and Chevron combines deep technical expertise, operational experience, and financial strength, positioning the consortium as a competitive player in unlocking the hydrocarbon resources of the region.
If awarded, the project is expected to contribute to enhancing domestic energy security, diversifying supply sources, and supporting the wider energy transition goals of Greece and the European Union.
Stavros Papastavrou , Greek Minister of Environment and Energy, said on Wednesday, "Today, the Chevron and HELLENiQ Energy consortium announced its participation in the international competition for the 4 offshore blocks south of Crete and the Peloponnese. Thus, a new chapter opens for the exploitation of the underwater energy wealth of our homeland."
"This is a development of Hope and Perspective for our country. Greece, with national self-confidence, is laying solid foundations for its energy self-sufficiency and capitalising on its geopolitical position in the Eastern Mediterranean. The Government of Kyriakos Mitsotakis is fulfilling its duty to our children and future generations, implementing its commitments for a Greece that is energy secure, investment attractive and geopolitically strong. Starting tomorrow, we are moving forward even more decisively, faster, unlocking our country's potential for progress and prosperity for all Greek women and men."
