Black Sea
Turkey Discovers 135 Bcm Additional Natural Gas in Black Sea
Turkey has discovered 135 billion cubic meters (Bcm) of additional natural gas in the southern Black Sea, President Tayyip Erdogan said on June 4, raising the total discovery in the region to 540 Bcm.
Schlumberger Introduces High-Definition LWD Service MagniSphere
MagniSphere service delivers real-time reservoir evaluation data to improve drilling performance and optimize well placement for maximized production
OMV Again Postpones Decision On Black Sea Offshore Investment
The exploration of the Black Sea Neptun block is a joint venture between OMV’s Romanian subsidiary Petrom and U.S. major Exxon Mobil Corp., and includes the first deepwater exploration well in Romanian waters.
Leading Offshore Into A Changing Future
OTC kicks off today in Houston and its chairman sees another 50 years of success for offshore energy.
Shell Awards Bourbon Integrated Logistics Contracts In Bulgaria
Bourbon Marine & Logistics has been awarded by Shell its first integrated logistics contract for the support of its exploration campaign in Black Sea, Bulgaria, in partnership with Bulgarian operator Bon Marine on March 28.
Turkey Set To Begin Oil And Gas Drilling Off Cyprus
Turkey and the internationally recognized Greek Cypriot government have overlapping claims of jurisdiction for offshore oil and gas research in the eastern Mediterranean, a region thought to be rich in natural gas.
Total Starts Drilling Third Well For Gas, Oil Off Bulgarian Coast
French oil giant Total (NYSE: TOT) and its partners Austria’s OMV and Spain’s Repsol have started drilling a third well in a block off the Bulgarian coast in the Black Sea, Total’s Bulgarian business said on Nov. 7.
Shell Reportedly In Talks To Sell GoM Field For $1.3 Billion
The deal with Focus Oil could value Shell's stake in the Caesar Tonga Field in the Gulf of Mexico at about $1.3 billion, the report said.
Russia’s Gazprom Says Sea Portion Of TurkStream First Line Completed
Gazprom, which plans to complete the pipeline in 2019, said in a statement that 1,161 km of pipe had been laid since it began construction last year.
Black Sea Oil & Gas To Start Gas Production Offshore Romania In 2019
The Romanian company, controlled by private equity firm Carlyle Group LP, discovered two wells holding an estimated 10 billion cubic meters of gas in 2008 some 120 km offshore, where it has rights over the XIII Pelican and XV Midia Shallow blocks.