Greece approves exploration applications

A map of the area Energean's application covers.
A map of the area Energean's application covers.

The Greek energy ministry has approved the applications of a consortium of Total, ExxonMobil and Hellenic Petroleum oil and gas exploration off the island on Crete.

The ministry also confirmed that in a separate deal, Energean Oil and Gas had an application approved for drilling offshore in western Greece.

The country’s oil and gas resources management company will launch a tender for licences to drill in the respective areas by the end of next month.

They aim to complete the process by the end of this year.

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