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AA (6 November 2025)

By Ahmet Gencturk

Premier Kyriakos Mitsotakis hails it as ‘historical development’

Greece to start offshore drilling in the Ionian Sea with the participation of major US energy company ExxonMobil.

According to a deal that was signed during the sixth meeting of the Partnership for Transatlantic Energy Cooperation (P-TEC) in Athens on Thursday between major US energy company ExxonMobil, London-based Greek-owned energy company Energean, and Greece’s HelleniQ Energy, the consortium will focus on the Block 2 offshore area in the Ionian Sea west of Corfu, which has been managed by Energean and HelleniQ Energy since 2020.

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