HELLENiQ ENERGY and Chevron have announced an agreement for Chevron to participate in the “Block 10” offshore concession, located off the coast of the Gulf of Kyparissia in the southern Ionian Sea.
Under the terms of the agreement:
- Chevron acquires a 70-per cent stake in the concession
- HELLENiQ ENERGY retains a 30-per cent stake
- Chevron assumes the role of Operator of the concession
With this agreement, Chevron is now participating
