Eight global oil firms interested in hydrocarbon exploration in Greece

These included oil giants Total, Shell, Repsol, Japex, Dana Petroleum, INA and Hunt, Grigoriou said, announcing that HELPE was currently in negotiations with these groups.
Speaking at an energy conference held at the Athens Chamber of Commerce and Industry, Grigoriou said that the concession contracts for the two areas had been agreed with the environment and energy ministry. What now remained to be done was an evaluation by the Court of Audit, their signature and ratification by Parliament, he added.
HELPE was currently in negotiations with a total of 25 companies interested in conducting oil exploration in areas of Greece, he revealed, and had already initialled agreements for the concession to Block 2 northwest of Corfu to a consortium made up by Total and Edison. Also to be initialled soon was a contract for exploration in an area off Kyparissia Bay, he said.