Hellenic Petroleum

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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

Greece, North Macedonia on track for strategic boost in energy sector cooperation

Greater cooperation the energy sector appears to have topped the agenda of contacts in Athens this week by the prime minister of North Macedonia, Zoran Zaev.

According to reports, a meeting with the management of Hellenic Petroleum (Hel.Pe) focused on resuming operation of a fuel pipeline that connects the Greek petrochemical group's refinery in Thessaloniki with Skopje.