Total, joined by ELPE, Edison, bids for Ionian Sea block

French multinational oil and gas giant Total has submitted an offer as the key member of a consortium also involving ELPE (Hellenic Petroleum) and Italy’s Edison for exploration rights of an offshore block in the Ionian Sea, west Greece, Reuters has reported, basing its information on comments made by ELPE officials.

The report noted that the offer concerns a block designated as Block 2 in the Ionian Sea, west of Corfu, while specifying that Total heads the consortium.

According to information, ELPE has submitted additional offers for Blocks 1 and 10 in the wider area without any other co-bidders. Block 1 is located northwest of Corfu and Block 10 lies southeast of Zakynthos.

The energy ministry has not yet made any official announcements on the tender concerning these offers.