Hellenic Petroleum on Tuesday announced that ExxonMobil acquired the majority of hydrocarbon exploration rights in the region of west and southwest of Crete, following the departure of TotalEnergies.
ExxonMobil and TotalEnergies with 40% each, along with Hellenic Petroleum (20%) had the majority of hydrocarbon exploration rights previously. Hellenic Petroleum said that ExxonMobil now has 70% of exploration rights and Hellenic Petroleum the remaining 30%.
A series of seismic research has been made in the region in 2012.
SOURCE; ANA-MPA
