Chevron Seeks Control of 70% Stake in Offshore Ionian Sea Gas Block

CVX•2026-05-28

Chevron has asked Greece’s energy ministry to approve its acquisition of a 70% stake in offshore Block 2 in the Ionian Sea from Helleniq Energy, which would make Chevron the operator of future gas exploration. Greek authorities are considering extending the review period for seismic survey data before approving drilling.

1. Acquisition Request

2. Approval Process and Seismic Review

3. Mediterranean Expansion Strategy

Sources

Chevron files request to acquire offshore Greek block, energy ministry says

Reuters

Sintana Energy closes $11.5m equity raise as it looks to active upcoming period

Finance

Chevron Seeks Control of 70% Stake in Offshore Ionian Sea Gas Block

1. Acquisition Request

2. Approval Process and Seismic Review

3. Mediterranean Expansion Strategy

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Chevron seeks control of offshore Greek gas block in Mediterranean expansion (CVX)