Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
Supported byClarion Energy
HomeUncategorizedBulgaria: OMV Petrom...

Bulgaria: OMV Petrom is looking for a new partner for the Khan Asparuh block

OMV Petrom, which remained the sole operator of the Khan Asparuh exploration project in the Black Sea, is looking for a new partner. This became clear after a meeting of the Acting Minister of Energy Vladimir Malinov with representatives of the company.

A month ago, Romanian media reported that Franch company TotalEnergies was withdrawing from the project. The company was granted the right to explore the block in 2012, but after the initial oil discovery there were no further reports of success. In the fall of 2023, the company presented to the National Assembly its expectations for large gas deposits and offered a share to the state.

The MPs assigned the Ministry of Energy to examine the possibility of the state-owned “Bulgarian Energy Holding” (BEH) participating in the project. The Minister of Energy Rumen Radev announced a little later that the procedure was being frozen because the representatives of the holding did not have access to key information.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Bulgaria: Solaris Holding launches new 59.8 MW hybrid solar facility with battery storage

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria, has commissioned its newest hybrid renewable energy facility near Selanovtsi, close to Vratsa in northwestern Bulgaria. The project covers nearly 38 hectares and includes a 59.8 MW...

Bulgaria achieves historic milestone as solar power surpasses national electricity demand

For the first time in its energy history, Bulgaria saw solar power generation briefly exceed the country’s electricity consumption. This landmark event occurred on Friday, June 20, between 10:00 and 12:00 AM, when solar panels produced more electricity than...

Bulgaria: Bulgargaz proposes slightly higher wholesale gas price for July 2025

Bulgarian state-owned gas supplier Bulgargaz has proposed a wholesale natural gas price of approximately 33 euros per megawatt-hour (MWh) for July 2025. This represents a modest increase of 0.6% compared to the approved price for June, which stood at...
Supported byVirtu Energy
error: Content is protected !!