The recent agreement between OMV Petrom and NewMed Energy Balkan initiates a key exploration phase in the Han Asparuh block, located in the western Black Sea off Bulgaria. Noble Corporation will be responsible for drilling two wells using the Globetrotter I vessel, designed for ultra-deepwater operations.
Offshore drilling investment and planning
To begin with, this strategic step seeks to tap the energy potential of the Han Asparuh block, which with more than 13,000 km² is considered essential for Bulgaria’s energy diversification. Since 2012, 3D seismic 3D seismic surveys and drilling have been carried out since 2012, which now allows us to enter a more advanced stage.
In addition, the campaign will feature integrated services from Halliburton and well testing by SLB, reinforcing a collaborative technical approach to offshore drilling. offshore drilling.
In addition, the contract is valued at approximately US$ 80 million, while the overall drilling budget80 million, while the overall drilling budget amounts to about 170 million euros. Operations will commence in the fourth quarter and will have an estimated duration of four months.
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Source: OMV Petrom
Photo: Noble Corporation
