spot_img

      Subscribe Now!

 

Monday, June 27, 2022
spot_img
spot_img

Hellenic Petroleum in negotiations with Total over hydrocarbon exploration rights in Crete

Avatar
Hellenic News of Americahttps://www.hellenicnews.com
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

Latest articles

Hellenic Petroleum Group on Tuesday said it was in negotiations with Total to settle issues arising from a decision taken by the French company to withdraw from hydrocarbon research operations in regions west and southwest of Crete.

In an announcement to the Athens Stock Exchange, Hellenic Petroleum said negotiations were ongoing and noted that any transaction – if there is – was not expected to have any fundamental impact on the group’s finances.

Total E&P Greece owns 40% of hydrocarbon exploration rights in the two regions, another 40% is owned by ExxonMobil Exploration and Production Greece and Hellenic Petroleum holds the remaining 20%.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

Get Access Now!

spot_img
spot_img