Ionian Block 2 Offshore Drilling Project
Sector: Oil and Gas • Location: Greece
Source: PageNews
The project involves offshore exploratory drilling in Block 2 of the Northwestern Ionian Sea, targeting the geological prospect 'Asopos 1'. It marks the first offshore drilling in Greece in 50 years and aims to discover commercially viable hydrocarbon reserves to transform Greece into a regional energy producer. The project includes exploration drilling scheduled for February 2027, with potential
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Greece
- Updated
- 22 Jul 2026
- Source
- PageNews
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves offshore exploratory drilling in Block 2 of the Northwestern Ionian Sea, targeting the geological prospect 'Asopos 1'. It marks the first offshore drilling in Greece in 50 years and aims to discover commercially viable hydrocarbon reserves to transform Greece into a regional energy producer. The project includes exploration drilling scheduled for February 2027, with potential development investments exceeding €5 billion if successful. |
Original sector | Energy |
Budget |
Location
Country | Greece |
Source
Source | PageNews |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2026-04-19 |
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