Shell to explore in Black Sea block offshore Bulgaria

Anglo/Dutch oil giant Shell has been awarded rights to explore for oil and gas in a deepwater block located in the Black Sea, offshore Bulgaria. 

Shell won a five-year permit to explore the 1-14 Silistar block in the Black Sea where it will invest 18.6 million euros. The deal includes a two-year extension option.

The work program for the block that covers 6893 square kilometers includes conducting a seismic survey.

According to Bulgaria’s Energy Ministry, the deal was signed on Tuesday, February 23, 2016, in the presence of Prime Minister Boyko Borisov, Energy Minister Temenuzhka Petkova and Eileen Wilkinson, regional director at Shell International Exploration and Production.

In an email sent to Offshore Energy Today, a Shell spokesperson said: “We successfully completed a comprehensive geophysical survey in January 2017 in the Block 1-14 “Khan Kubrat” license area, within the Bulgarian sector of the Black Sea.

“We are currently in the process of preparing for a single exploration well in the Khan Kubrat Block and will conduct all necessary assessments in line with Bulgarian legislation and Shell internal procedures. The exploration drilling programme is expected to commence in 2019, and is expected to take approximately 3 to 4 months to complete, subject to final planning and approval.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply