Greece
- Home
- Operations
- Greece
In Greece, Energean operates Prinos, the country's sole hydrocarbon producing asset, located in the North Aegean Sea. The Company has significant exploration potential in the licences held in Western Greece, which provides the basis for future organic growth. In addition, Energean holds a 30% interest in Block 2, an offshore exploration licence in the northwestern Ionian Sea. In November 2025, ExxonMobil farmed into the block and now holds a 60% interest, alongside HELLENiQ ENERGY (10%). Energean remains operator during the exploration phase. The partners plan to drill an exploration well in 2026, targeting the Asopos prospect, subject to regulatory approvals. Finally, we have made significant progress on the only carbon storage operation in the East Mediterranean. Prinos CO2 Storage has been approved as a “Project of Common Interest” by the EU, and has been awarded €150m funding by the Greek government.