Sofia. Source: Focus Information Agency
The term for search and exploration for oil and natural gas in the Khan Asparuh block will be extended by two years as the government approved a request from the operators, Total, OMV and Repsol, the government press office
said. The contract for the deepwater area in the Black Sea expired at the end of January 2018. In the next two years, the companies will carry out additional geological-geophysical works and seismic studies worth a total EUR 3 million.
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