Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

OMV Petrom takes over the gas exploration in the Bulgarian Black Sea area

Photo: OMV Petrom

The Romanian company OMV Petrom, which is part of the Austrian OMV, has taken over as operator of the Han Asparuh perimeter in Bulgaria. OMV Petrom replaced Total Energies as the operator of the Han Asparuh deep water perimeter in Bulgaria, according to Economica.net, quoting a note in the company’s yearly report, BTA informed. OMV holds 51% of the shares in the Romanian subsidiary, while the Romanian government holds 20%. "We continue to strengthen our position in the Black Sea. We have taken on the role of operator and will continue exploration activities in the Han Asparuh perimeter in Bulgaria," said OMV Petrom in its annual report.

OMV Petrom and Total Energies were partners in the Bulgarian perimeter of the Black Sea. The Han Asparuh block covers an area of 14,220 square kilometers, with water depths of up to 2,200 meters. Han Asparuh is adjacent to the Neptun Deep perimeter in Romania.

In 2023, TotalEnergies EP Bulgaria Managing Director Yves Le Stunff said that according to estimates, the Han Asparuh perimeter has the potential to produce a total of 13 billion cubic meters of natural gas per year from two fields.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria sells EUR 4 billion in bonds

Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..

published on 4/29/25 9:04 AM
Bulgargaz CEO Veselin Sinabov

Natural gas prices to fall by 14% in May, says Bulgargaz CEO

Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..

published on 4/28/25 3:58 PM

BNB forecasts higher economic growth in Bulgaria in 2025

The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..

published on 4/25/25 9:47 AM