Displaying items by tag: hellenic petroleum

"The contracts of Crete can now go to the Court of Auditors for the pre-contractual inspection, and if all goes well they will go through the House and  work will start through our joint venture with Total and ExxonMobil."

The ministerial decision announcing the winning bid of Hellenic Petroleum (HELPE), Total and Exxon Mobil consortium for hydrocarbon research off western and northwestern Crete was made on Tuesday.

Hellenic Hydrocarbon Resources Management (HHRM) will have completed its negotiations with consortia for concessions in the sea areas of Crete and the Ionian islands, the state company’s president and CEO Yannis Bassias said on Tuesday.