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Bulgarian Energy Holding to Acquire 10% Stake in Black Sea Oil Exploration Block

Jan 14, 2026

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…

ELITE Expands Asia, Middle East Footprint with EUTEX Training Deal

Jan 14, 2026

ELITE Oil & Gas has acquired the hazardous-area training business of EUTEX International, expanding its specialist training capabilities across Asia and the Middle East.The acquisition includes EUTEX’s hazardous-area training operations, its internationally recognized CompEx and IECEx courses…

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