Is Total leaving?
Total Energies withdraw from hydrocarbon exploration block near Cere. The company has informed the authorities about its decision.
Total Energies on Thursday announced its decision to withdraw from two hydrocarbon exploration blocks near Crete – the block of Western Crete and that of Southwest Crete – after the completion of surveys in those areas, saying it has informed the authorities and its partners of its decision. Total will continue its activity in the country.
According to the announcement, Total Energies remains committed to developing renewable energy sources in Greece and will continue its activity in the country via its local subsidiary Total Energies Marketing Hellas. The French-based Total Energies had been participating in a consortium with ExxonMobil and Hellenic Petroleum in the blocks in question.
