Helleniq Energy and Chevron Secure Offshore Exploration Rights South of Crete and Peloponnese

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HELLENiQ ENERGY Holdings SA, in partnership with Chevron, has signed lease agreements with the Greek government for the exploration of four offshore hydrocarbon blocks south of Crete and the Peloponnese. Chevron will operate the consortium with a 70% stake, while HELLENiQ ENERGY holds 30%. The agreements, covering approximately 47,000 square kilometers, mark a significant step for Greece's upstream energy sector and are subject to ratification by the Hellenic Parliament.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helleniq Energy Holdings SA published the original content used to generate this news brief on February 16, 2026, and is solely responsible for the information contained therein.