Sofia News

Shell Starts Exploratory Drilling off Bulgaria

Mar 26, 2019

Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas.Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract…

Innogy Likely to Sell Stake in Sofia Wind Project

Jan 23, 2019

Germany's Innogy is likely to sell a stake in its Sofia offshore wind project in Britain, once a subsidy is secured, the company's chief operating officer for renewables said.Innogy plans to enter the 1,200 megawatt Sofia project into Britain's next offshore wind subsidy auction in May…

Shell signs on Black Sea block

Feb 24, 2016

Shell has signed a five-year exploration contract in Bulgaria's Black Sea. The firm plans to invest about US$20.5 million to explore gas and oil deposits in the Silistar block, including seismic surveys, Energy Minister Temenuzhka Petkova told reporters in Sofia Tuesday…

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