Exxon-led consortium, Spain's Repsol submit interest in Greek oil and gas tenders

Oil majors Exxon Mobil, Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece.

Greece's oil and gas resources management company (HHRM) said on Monday that Exxon and Total, each with 40 percent stakes, and Hellenic Petroleum had jointly bid to explore off Crete, while Spain's Repsol and Hellenic Petroleum had submitted a joint bid for a block in the Ionian Sea.

Greece launched the tenders last year after expressions of interest by the Exxon-led consortium for the two sites off Crete and by Greece's Energean for the Ionian block, although Energean has since withdrawn.

HHRM said it would quickly evaluate the offers, while the final approval lies with the Energy Ministry.

Encouraged by large gas finds in the eastern Mediterranean, Greece is eager to attract investment in its energy sector as it tries...