Egypt has just launched a new oil and gas bid round and is inviting international companies to bid for 13 offshore and ...

Shell secures a major Black Sea exploration deal with Bulgaria to unlock gas potential and support local energy independence.

Shell signed a contract with Bulgaria's government on Tuesday (April 15) giving the oil and gas multinational major rights to ...

Shell plc’s SHEL affiliate, Shell Exploration and Production, has inked a contract with the Bulgarian energy ministry for oil and gas exploration offshore Block 1-26 of the Khan Tervel field, in the ...

In addition, for future discoveries in the territory, Bulgaria is also expected to receive up to 30 percent concession payments.” In March, Bulgaria signed a document with OMV Offshore Bulgaria and ...

Zhecho Stankov, Bulgaria's Minister of Energy said: "We are making a major step in identifying the potential of future gas supplies from the deep Black Sea." Bulgaria, a member of the European Union, ...

Shell has signed a contract with the Bulgarian government granting it rights to explore oil and gas in the Black Sea, as Sofia seeks to diversify energy sources and reduce reliance on imports.