The tender for the selection of a drill ship that is to begin exploring for oil and gas in the deep waters of the Black Sea "Khan Asparuh" block has ended. This was announced by the "Total E & P Bulgaria" company that is operator of the project, in which partners are the French "Total," Austrian "OMV" and Spanish "Repsol". An agreement was signed for the use of American drill ship Noble Globetrotter II. This is the latest generation drilling ship with a dual multi-functional tower, which allows for the simultaneous carrying out of several operations and is also suitable for easy passage under the Bosphorus Bridge. Completed 3D-seismic study of the field provides encouraging results and experts hope for drilling not only significant quantities of gas, but also decent quantities of oil.
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
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