On August 7, Greece’s Energy Ministry announced two international tenders for granting the right to explore and exploit hydrocarbons in the Ionian Sea and Crete.

The new announcements for the granting of the right to explore and exploit hydrocarbons are being promoted following the applications submitted by the Total-ExxonMobil-EL.PE. (Hellenic Petroleum) Consortium, interested in the sea areas Southwest and West of Crete, and Energean Oil & Gas, for the sea area in Western Greece in the Ionian Sea, Greece’s Energy Ministry said in a press release.

Greece’s Energy Minister Giorgos Stathakis has already signed the relevant ministerial decisions. The Energy Ministry invites interested parties to submit tenders within 90 days of the date of publication of the Notice of Invitation to Tender in the Official Journal of the European Union.