Block 2

BLOCK-2 gr.jpg

On November 6, 2025, ExxonMobil farmed in to Block 2, which is located in the northwest part of the Ionian Sea.

ExxonMobil acquired 60% W.I., Energean maintains 30%, and HELLENiQ ENERGY the remaining 10%.

Energean remains the Operator of the concession through the exploration stage. Block 2 is the most mature concession in Greece in terms of readiness for exploratory drilling.

Subject to permitting, drilling is panned to take place in February 2027. Energean has contracted Stena DrillMAX. 

This drilling operation will be the first exploratory offshore drilling in Greece since 1986 and Energean has submitted an Environmental & Social Impact Assessment for approval.*

Read more here.

 

30.00% W.I.
2.20k km 3D acquired

BLOCK 2 ENVIRONMENTAL UNIT

Energean has established an Environmental Unit (EU) for Block 2 in accordance with the requirements of the Strategic Environmental Assessment (SEA) for the Ionian offshore concession areas. The Environmental Unit is responsible for environmental monitoring, impact management and communication with stakeholders and competent authorities.

The complete EAP can be found here - The EAP will be available once the Approved Environmental Terms are issued

Below you can find information about the Environmental Unit that has been structured for the specific project:

Environmental monitoring reports and other relevant environmental information will be published on this page

*Competent Persons Report by NSAI YE2024

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