ExxonMobil, Energean agree farm-in deal for oil block in Greece

Core Viewpoint - Major oil companies ExxonMobil, Energean, and Helleniq Energy have entered into a farm-in agreement for a 60% stake in a block located in Western Greece, as stated by Energean's Chief Executive Mathios Rigas [1] Company Summary - ExxonMobil, Energean, and Helleniq Energy are collaborating on a new venture in Western Greece, indicating a strategic move to enhance their presence in the region's oil and gas sector [1] - The agreement reflects Energean's ongoing efforts to expand its portfolio and leverage partnerships with established players in the industry [1]