A consortium of companies including Energean, ExxonMobil, and HELLENiQ ENERGY has notified the regulator of its intention to continue work under the Block 2 concession.This was reported by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA). During the first phase of the project, exploration activities were carried out, including …

The world’s largest oilfield services company SLB (formerly Schlumberger) has begun partially scaling back its operations and has also suspended transit shipments in the Middle East due to the escalation of the situation, according to the company’s press release. The United States and Israel on February 28 began carrying out …