Total, Partners to Invest 250 Mln Euro in Gas Exploration Offshore Bulgaria

Total, Partners to Invest 250 Mln Euro in Gas Exploration Offshore Bulgaria

France's ambassador to Sofia said oil and gas company Total, in partnership with companies from Austria and Spain, will invest some 250 million euro ($340 million) in gas exploration works offshore Bulgaria.
The explorations works will start in January, news portal dnevnik.bg quoted Ambassador Xavier Lapeyre de Cabanes as saying.
In June Total, together with Austria’s OMV and Spain’s Repsol, started a 3D seismic acquisition campaign in Bulgaria’s 1-21 Han-Asparuh offshore exploration block after completing the procurement phase for the offshore exploration seismic activities.

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