Greece is accelerating its offshore gas exploration programme, linking upstream resource development with its ambition to become a regional energy hub. On 16 February 2026, the Government of Greece signed exploration contracts with a consortium led by Chevron covering four offshore blocks south of the Peloponnese and Crete, with a total area of approximately 47,000 sq km. This marks the first time Greece is implementing modern, large-scale hydrocarbon exploration across its m

The Hellenic Republic Assets Development Fund (HRADF) sold a 66% stake in DESFA, the Greek Gas Transmission system operator. The buyers...