Tag: hydrocarbon

State to keep 36.25 % of ELPE’s hydrocarbon rights – Greece, 10 April 2018

The state is expected to maintain a 36.25 % share of hydrocarbon interests of Hellenic Petroleum (ELPE), which is close to its current overall stake held in the company, after the privatization of 50.1 % stake which will be offered to strategic investors. The Greek state currently holds a 35.5 % stake in ELPE, while […]

Bulgaria to extend exploration license for Khan Asparuh block – Bulgaria, 15 March 2018

The Bulgarian Government announced that it will extend the license for exploration of oil and gas at 1-21 Khan Asparuh offshore block in the Black Sea. Total holds 40 % interest in Bulgarian Khan Asparuh block, while OMV and Repsol hold 30 % each. During the two years, the three companies will carry out additional […]

FBiH launched new tender for hydrocarbon exploration consultant – Bosnia and Herzegovina, 15 March 2018

The Government of the Federation of Bosnia and Herzegovina (FBiH) announced that it has launched a new tender for selection of a consultant who will provide advisory services on the issuing of the international public invitation for exploration and exploitation of oil and gas on the country’s territory. According to the documentation published by the […]