The sea region south of Crete will attract the interest of the oil industry in the coming months after the confirmation of exploratory drilling in Cyprus and a completion of expression of interest in the Ionian Sea and the west/southwest of Crete, said Yiannis Basias, chairman and CEO of Greek Hydrocarbons Resources Management SA, on Friday, ANA reports.
Addressing the Athens Energy Forum, Basias said bids for the two regions will be submitted on March 5, in the framework of a process that began with the expression of interest by the Hellenic Petroleum, Total and Exxon consortium for Crete and Energean for the Ionian Sea.
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