BREAKING: Chevron Indicates Interest In Two Oil Blocs Off Crete

Chevron has expressed interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the Greek energy ministry said in a statement on Wednesday.

According to the statement, Greece said it has accepted the U.S. oil producer’s interest for two blocks south of Crete and will soon decide on the bloc’s coordinates and on launching an international tender.

Greece has launched a tender for new gas exploration rights at another deep-sea block south of the Peloponnese peninsula following an expression of interest by Chevron.