Tag: Total

Exploration permit for 1-21 Khan Asparuh block extended – Bulgaria, 13 March 2019

Bulgarian Government said that it has accepted a request filed by French Total, Austrian OMV and Spanish Repsol, concession holders for 1-21 Khan Asparuh offshore block in the Black Sea, for a 109-days extension of the exploration permit for the block. According to the statement from the Governme Full article available for subscribers of Energy […]

Petrol recorded 13 % higher net profit in 2018 – Slovenia, 08 March 2019

Slovenian energy company Petrol recorded a consolidate net profit in the amount of 91.8 million euros in 2018, which is by 13 % higher compared to the previous year. The company’s operating profit increased by 6 % in 2018, reaching 119.4 million euros. Consolidated revenues rose by 20 % to 5.4 bi Full article available […]

Total started drilling the third well in Khan Asparuh block – Bulgaria, 07 November 2018

Total Exploration & Production Bulgaria, a local subsidiary of French oil company Total, announced that it has started drilling of the third exploration well in 1-21 Khan Asparuh offshore block in the Black Sea. The company’s General Manager Kevin Hannaford said that the drilling of the third dee Full article available for subscribers of Energy […]