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Bulgaria takes 10% stake in Black Sea oil and gas exploration consortium

Saturday, January 24 2026

Fossil Energy – Bulgaria

“The cheapest gas is our gas,” energy minister Stankov says as Bulgaria acquires a 10% stake in the Black Sea consortium exploring for oil and natural gas in the Han Asparuh offshore block.

[Read more…] about Bulgaria takes 10% stake in Black Sea oil and gas exploration consortium

Filed Under: Black Sea, Bulgaria, International News, Oil and Gas, stake Tagged With: black sea, bulgaria, Han Asparuh, Oil and Gas, stake

Bulgaria to take 10 per cent stake in Black Sea exploration block

Friday, January 16 2026

General – Bulgaria

Bulgaria’s state-owned energy group Bulgarian Energy Holding will acquire a 10 per cent stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea.

[Read more…] about Bulgaria to take 10 per cent stake in Black Sea exploration block

Filed Under: Acquisition, Black Sea, Bulgaria, International projects, OMV Tagged With: acquisition, black sea, bulgaria, exploration, Han Asparuh, OMV Offshore Bulgaria

Turkey expands offshore push as TPAO signs MoU with ExxonMobil

Saturday, January 10 2026

Fossil Energy – Turkey

Turkish Petroleum (TPAO) and Exxonmobil signed a Memorandum of Understanding covering new exploration areas in the Black Sea and the Mediterranean and other potential areas, Energy Minister Alparslan Bayraktar said on Thursday to Reuters.

[Read more…] about Turkey expands offshore push as TPAO signs MoU with ExxonMobil

Filed Under: Black Sea, Exploration, exploratory drilling, ExxonMobil, International projects, MoU, TPAO Tagged With: black sea, exploration, ExxonMobil, Mediterranean, MOU, TPAO, turkey

Saipem scores contract for Sakarya gas field development

Wednesday, December 31 2025

General – Field Development

Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for additional activities as part of the extension of the third phase of the Sakarya gas field development project in Turkish sector of Black Sea.

[Read more…] about Saipem scores contract for Sakarya gas field development

Filed Under: Black Sea, extension, International projects, Saipem, Sakarya Tagged With: black sea, extension, Goktepe field, saipem, Sakarya Field

Black Sea and Norway exploration in focus for leading operator

Saturday, October 11 2025

Fossil Energy – OMV

European energy major OMV is committed to exploration and is aiming to drill about 50 wells over the next five years with the best potential in the Black Sea and Norway.

[Read more…] about Black Sea and Norway exploration in focus for leading operator

Filed Under: Black Sea, Exploration, International projects, OMV Tagged With: black sea, exploration, norway, OMV

Noble drillship wins contract to drill two Black Sea wells

Wednesday, July 23 2025

Fossil Energy – Black Sea

OMV Petrom and NewMed Energy Balkan have announced the signing of a rig contract for the drilling of two offshore exploration wells in the Black Sea, offshore Bulgaria.

[Read more…] about Noble drillship wins contract to drill two Black Sea wells

Filed Under: 50Hertz, Black Sea, Bulgaria, Drilling, drilling campaign, drillship, Exploration, International projects, Noble Drilling, OMV Tagged With: black sea, bulgaria, drilling, exploration, Noble Drilling, Oil and Gas, OMV Petrol

Romania to commission offshore wind study

Monday, May 26 2025

Wind Energy – Romania

The Ministry of Energy of Romania launched a public call for expressions of interest for a study identifying areas in the Black Sea for concession agreements for offshore wind farms.

[Read more…] about Romania to commission offshore wind study

Filed Under: Black Sea, concession, International projects, Romania, wind energy Tagged With: black sea, concessions, Romania, wind energy

Turkey finds new natural gas reserve in Black Sea

Tuesday, May 20 2025

Fossil Energy – Black Sea

Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea.

[Read more…] about Turkey finds new natural gas reserve in Black Sea

Filed Under: Black Sea, Discovery, Drilling, International projects, Oil and Gas, Sakarya, Turkey, Türkiye Tagged With: black sea, discovery, drilling, Oil and Gas, Sakarya Field, turkey

Linear winch for landfall Sakarya Gas Field Development Project

Thursday, October 17 2024

Fossil Energy – Winch for Landfall

Bezemer Dordrecht from the Netherlands provided a continuous linear winch for landfall Sakarya Gas Field Development Project.

[Read more…] about Linear winch for landfall Sakarya Gas Field Development Project

Filed Under: Bezemer, Black Sea, International News, Sakarya, Winches Tagged With: Bezemer, black sea, gas, landfall, Sakarya Field, winches

Subsea Integration Alliance awarded contract offshore Türkiye

Monday, May 13 2024

Fossil Energy – Sakarya Field

Subsea 7 announced the award of a contract by Turkish Petroleum Offshore Technology Center relating to the Sakarya field development in the Black Sea, offshore Türkiye.

[Read more…] about Subsea Integration Alliance awarded contract offshore Türkiye

Filed Under: Black Sea, FPU, Installation, International News, Subsea 7 Tagged With: black sea, FPU, Installation, Sakarya Field, subsea 7

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