Chevron Seeks Offshore Greek Energy Block Stake

Chevron has filed an official request to acquire an offshore block in Greece. The U.S. oil major seeks to take over a 70% stake from Greece's Helleniq Energy. This offshore block is located west of Greece. The Greek energy ministry confirmed Chevron's filing. An illustration shows 3D printed oil pump jacks and a Chevron logo. Chevron is part of a consortium that operates the Leviathan offshore gas field. A 90-kilometer pipeline links the Leviathan field to Egypt. This article is intended for informational purposes only. It does not constitute investment advice.