Shell signed a contract with Bulgaria’s government on Tuesday (April 15) giving the oil and gas multinational major rights to explore for oil and gas in the Black Sea. “With this contract, we are taking a significant step toward uncovering the deep Black Seaβs potential for future gas supplies,” Bulgaria’s Energy Minister Zhecho Stankov said. The contract will allow Shell to explore 4,000 square metres in the Block 1-26 Khan Tervel field. #bulgaria #shell #blacksea #gasexploration #oilexploration #cheapgas #energydeal #bulgariagas #offshoreexploration #energysecurity #fossilfuels #europeenergy #blackseagas #energynews #globalenergy Moneycontrol is Indiaβs leading financial portal, offering market news, expert analysis, and powerful tools. A part of Network18, moneycontrol.com is Indiaβs most trusted destination for financial and business news.
