With Greece already in place in ExxonMobil, which controls the two blocks west and southwest of Crete and is one step away from an investment decision to drill or not drill an exploratory well (in partnership with HelleniQ Energy, formerly HELPE) southwest of Crete, since last Monday Chevron’s entry is shaping new geopolitical correlations and putting Greece on the global map of big oil.
The findings were revealed at a seminar held at the Ministry of Infrastructure and Transport on Monday.
Energean, a British-Greek oil and gas company, announced on Thursday that it has finalized a $2 billion deal to supply natural gas to Dalia Power Energies, a private Israeli energy producer. This agreement is part of Energean's plan to meet rising electricity demand in Israel, with a production boost anticipated by 2025.
The total financing for the project amounts to €41.9 million
The 22 schools will give thousands of students the tools, knowledge and environment they need to develop their skills
The decision, officially announced on January 16, 2025, is expected to enhance Cyprus' military modernization and strengthen its strategic ties with the United States.
