OMV Petrom, NewMed Energy complete stake transfer to advance exploration in Han Asparuh offshore block

Integrated energy producer OMV Petrom announced the completion of a stake transfer between its subsidiary OMV Offshore Bulgaria and NewMed Energy Balkan, a subsidiary of NewMed Energy, to the effect that both partners now hold an equal stake of 50% in the Han Asparuh project located in the western Black Sea in Bulgaria, south of the Neptun Deep area in Romania.The partners aim to start drilling an exploration well in 2025, subject to obtaining all necessary ...

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