The Greek Deal.com
HELLENIQ PETEOLEUM
Year of developments in 2025, with the first exploratory drilling in Crete
Within 2025, the Deputy Minister of Environment and Energy, Alexandra Sdoukou, has set the first exploratory drilling for hydrocarbons, while sources say that by early summer, developments are expected for the investment decision on the first exploratory drilling by the ExxonMobil-HelleniQ Energy consortium.
Acquires portfolio of six 26 MW PV parks in Cyprus
The PV parks’ annual electricity generation is estimated at 43 GWh. The agreement is expected to be completed in 1Q24.