Romania-based OMV Petrom will acquire a 25 per cent stake in the Han Tervel exploration block in the Black Sea, partnering with operator Shell (42 per cent) and Türkiye Petrolleri A.O. subsidiary TPOC (33 per cent).
The project in Bulgaria will initially focus on 3D seismic data analysis, with drilling decisions to follow based on results.
The project in Bulgaria will initially focus on 3D seismic data analysis, with drilling decisions to follow based on results.
