Tag: Black Sea

Romgaz to submit offer for ExxonMobil’s stake in Neptun Deep in the next two months – Romania, 26 February 2021

Romanian Minister of Energy Virgil Popescu said that state-owned natural gas producer Romgaz will submit an offer for the stake owned by US company ExxonMobil in the Black Sea Neptun Deep perimeter in the next two months, namely before the expiration of the mandate of current interim CEO. Ministe Full article available for subscribers of […]

Turkey to invest 110 million dollars in the Black Sea gas infrastructure – Turkey, 19 February 2021

Turkey will be investing around 110 million dollars in the production and transmission infrastructure for the delivery of the natural gas that the country discovered in the Black Sea. The country looks to build a subsea gas production facility and a 155 kilometers long pipeline connecting to an onsh Full article available for subscribers of […]

Bulgaria cancelled 1-26 Tervel block tender due to lack of interest – Bulgaria, 18 February 2021

Bulgarian Government announced that it decided to cancel the tender for hydrocarbon exploration in 1-26 Tervel block in the Black Sea. The statement from the Government said that the decision to cancel the tender was made because no candidates have expressed interest in the project by its deadlin Full article available for subscribers of Energy […]