Second phase of hydrocarbon surveys off Crete begins
Greece’s Hydrocarbons and Energy Resources Management Company (HEREMA) announced on Thursday the successful completion of the first phase of hydrocarbon surveys by ExxonMobil and HellenIQ Energy southwest of Crete and the consortium’s request to begin the second phase, which will determine whether drilling will be carried out.
The first phase included, among other things, the acquisition and processing of 3,250 kilometers’ worth of 2D seismic data and a geochemical survey. The initial phase of the marine geophysical surveys, completed in March 2023, was carried out by PGS (now merged with the TGS company), on behalf of ExxonMobil and HellenIQ Energy.
The first phase ended on October 9 and the next phase of the survey officially started on October 10. The second phase will last three years and concerns the minimum completion of the acquisition and processing of 3D seismic data. [AMNA]
