Bulgaria has granted Spain's Repsol permission to transfer 30% of the rights to explore a block off its Black Sea coastline for gas and oil to the other two rights holders.After the transfer, a unit of French oil company Total would hold 57.14% of the rights, while a unit of Austria's OMV would have 42.86%, the Bulgarian government said in a statement [last] Wednesday.The government extended a permit…
Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea, the government said on Wednesday.The Council of Ministers approved the deal, allowing BEH to buy 5% each from OMV Offshore Bulgaria…
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