Latest news
Shell will search for oil and gas in block offshore Bulgaria
Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.
read more... 30/09/2015
Low oil prices affect $200 billion in mega-projects
Deepwater oil projects and complex gas facilities estimated at approximately $200 billion have been annulled or delayed worldwide in latest months because of the sharp decline in oil prices over the past year, as stated on Tuesday by consultancy Ernst and Young.
read more... 17/06/2015
Bulgaria launches tenders for offshore gas and oil exploration
Bulgaria, ready to diminish its almost total reliance on Russian gas, has opened two tenders for deepwater gas and oil exploration off its Black Sea coastline, as stated by the energy ministry on Monday.
read more... 21/04/2015
Alstom obtains approval from Deepwater to proceed with offshore wind project
US developer Deepwater Wind has given Alstom official notification to advance on the 30MW Block Island offshore wind project.
read more... 12/03/2015
Bulgaria gives green light to oil, gas exploration in Black Sea
The Bulgarian government gave the green light yesterday to a public tender for a permit for deepwater oil and gas prospecting and exploration at Block 1-22 Teres in Black Sea.
read more... 11/10/2012