Hellenic Petroleum

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HEPX

Drilling for gas in Crete to start earlier

US energy giant ExxonMobil, which has partnered with Greece's HELLENiQ Energy (formerly Hellenic Petroleum) in searching for natural gas and oil west and southwest of the Aegean island of Crete, not only is unconcerned about Turkish aggressive rhetoric against Greece but plans to accelerate its timeline for exploratory drilling by a year, Kathimerini understands.

Two binding offers for acquisition of DEPA Infrastructure SA

Greece's privatization agency, the Hellenic Republic Asset Development Fund (HRADF), on Thursday announced that it has received two binding offers for the 100 percent acquisition DEPA Infrastructure SA, in a joint sell-off with Hellenic Petroleum (Hel.Pe) group.
Binding offers were submitted by:

- EP Investment Advisors, and
- - ITALGAS SpA

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