Tag: Black Sea

Development of offshore gas deposits needed to avoid dependence on gas imports – Romania, 14 August 2019

According to Romania’s Energy Strategy 2019- 2030, with the perspective of 2050, the development of offshore deposits discovered in the Black Sea is necessary to avoid the significant increase of dependence on gas imports and is a crucial condition for Romania to be able to rely on natural gas in th Full article available for […]

Tender for Tervel offshore block to be launched – Bulgaria, 02 August 2019

Bulgarian Government announced that it will open a procedure for awarding a five-year hydrocarbon exploration permit for offshore Block 1-26 Tervel in the Black Sea. The winner will be required to carry out 2D and 3D seismic surveys, identify potential drilling targets through geological mapping, Full article available for subscribers of Energy NEWS service (PDF publications, […]

ExxonMobil did not inform Energy Ministry about withdrawal from Black Sea gas project – Romania, 31 July 2019

Romanian Minister of Energy Anton Anton said that US company ExxonMobil has not informed the Ministry of any intention to withdraw from the Black Sea natural gas exploration project or bring another partner into the project. Minister Anton reminded that ExxonMobil recently sent the documentation Full article available for subscribers of Energy NEWS service (PDF […]