08:14 AM EDT, 10/24/2025 (MT Newswires) -- Chevron's ( CVX ) consortium with Greek energy company Helleniq Energy was named by the Greek energy ministry as preferred bidder for offshore gas exploration rights in the southern part of the country, the ministry said in a statement Friday.

The energy ministry also said the companies have been invited to finalize a draft contract.

Helleniq Energy said in September it was forming a partnership with Chevron ( CVX ) to participate in the tender offer for the oil and gas exploration rights.