Drilling Begins in the Ionian Sea in the Spring - Mitsotakis Meets with the Vice President of ExxonMobil in the US Today - iefimerida.gr

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ExxonMobil raises the bar for Block 2 in the Ionian Sea, aiming for exploratory drilling in 2027 - Mitsotakis' contacts with Netanyahu, Erdogan's turn and the energy footprint of the Eastern Mediterranean

in.gr

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With references to the “first exploratory drilling for the purpose of extracting natural gas” that will take place “by the spring of 2027” in the Greek diaspora, Kyriakos Mitsotakis is not seeking “a third term” but “a next election”. The post New York: With a promise of “energy independence” in the Greek diaspora, Mr. Mitsotakis is looking for… “a third term” appeared first on in.gr.

Iefimerida

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The country is one step closer to energy security and independence, as confirmed by the developments in New York regarding the exploitation of hydrocarbons in the Ionian Sea, the Peloponnese and Crete. The meetings of the Prime Minister and the Minister of Energy in New York confirm that we are on the final stretch so that in the spring of 2027 ExxonMobil's exploratory drilling in Block 2 in the Ionian Sea will begin, while by the end of 2026 C…

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The target for the first exploration well in the first months of 2027, after almost half a century, remains firm, said Minister of Environment and Energy Stavros Papastavrou in a statement after a meeting with Dr. John Ardill, Vice President and Head of Global Exploration of ExxonMobil. The well is planned in block A2 in the Ionian Sea, […]

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The company estimates the chances of success in Block 2 at 15%-16%, with the possibility of commercial exploitation requiring investments of up to 6 billion euros.

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The first exploratory drilling in the A2 block of the Ionian remains scheduled for early 2027, according to Minister St. Papastavrou, after his meeting with Dr. Ardill of ExxonMobil which participates with 60%.