TotalEnergies on Thursday announced its decision to withdraw from two hydrocarbon exploration blocks near Crete – Western Crete and Southwest Crete – after the completion of surveys in those areas, saying it has informed the authorities and its partners of its decision.
According to the announcement, TotalEnergies remains committed to developing renewable energy sources in Greece and will continue its activity in the country via its local subsidiary TotalEnergies Marketing Hellas.
The French-based TotalEnergies participated in a consortium with ExxonMobil and Hellenic Petroleum in the specific blocks.
SOURCE; AMNA
