Reuters on Tuesday reported that Greece’s biggest petrochemical concern, partially state-owned Hellenic Petroleum (Hel.Pe), in partnership with energy giant ExxonMobil, have agreed to take over TotalEnergies’ share in two contracts for hydrocarbon exploration off the large southern Aegean island of Crete, the former briefed the Athens Stock Exchange (ASE).
According to the dispatch, ExxonMobil will be the operator and own 70 percent of the exploration rights in the specific blocks off Crete, with Hel.Pe retaining the rest.
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