Helleniq Energy, previously named Hellenic Petroleum (ELPE), is expected to begin conducting 3D seismic surveys at two offshore licenses, Ionio, in the Ionian Sea, and block 10 in the Gulf of Kyparissia, west of Peloponnese, within the next few days.

A Navtex for both endeavors has already been issued. PGS, commissioned to conduct the seismic surveys, will use its Ramform Hyperion seismic vessel. It will roll out twelve cables covering 8-km distances to scan sea beds for possible natural gas deposits.

The Ramform Hyperion seismic vessel appears to have completed work at the Ionian Sea’s block 2, adjacent to Italian territory in the Adriatic Sea, on behalf of a consortium comprising Energean and Helleniq Energy.

The vessel collected data from an area covering 2,000 square kilometers. Survey work at block 2 commenced in late October.

According to a Hellenic Hydrocarbons and Energy Sources Management Company (HEREMA) schedule, blocks 2 and 10 are expected to be ready for drilling by early 2024. Helleniq Energy conducted 2D surveys at both blocks last February.