The Environment and Energy Ministry has just assembled an eleven-member appraisal committee to evaluate bids submitted for a tender concerning exploration and exploitation of twenty offshore blocks in the Ionian Sea and South of Crete.

The committee will be led by Sofia Stamataki, chairwoman and managing director of EDEY, the Greek Hydrocarbon Management Company, and a professor at the National Technical University (NTUA).

Apostolos Alexopoulos, a professor of geology at the University of Athens, has been appointed deputy president of the appraisal committee.

It is expected to complete its appraisal of bids submitted within three months of its first meeting, the ministry noted in an announcement.