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

First attempt at oil and gas prospecting off Silistar in the Black Sea yields no result

Photo: BGNES

The first attempt at oil and gas prospecting off Silistar in the Black Sea has failed.

At the end of March “Shell International Exploration and Development Italia”, in which Shell has a 50 percent share, the Australian Woodside Energy – 30 percent, and the Spanish Repsol – the remaining shares, conducted three months of prospecting in Block Khan Kubrat.

The company is exploring one more section in the Northern portion of the Bulgarian Black Sea coast. According to Woodside Energy, deposits of hydrocarbons have been found near Silistar, but they are not suitable for commercial exploitation. The prospecting area has been sealed off and probes for future prospecting in the block are being undertaken. 



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

Rumen Radev

President to hand over mandate for GERB-SDS government on January 15

President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press secretariat said. The mandate will be given to the prime ministerial candidate nominated by the largest..

published on 1/13/25 5:55 PM

Inflation up 29.9 per cent since 2021, bread prices up 43.3 per cent 

An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by the Consumer Price Index) over the last four years (from the beginning of 2021 until now) is..

published on 1/13/25 5:48 PM

Negotiations to form a regular government continue

Negotiations to form a regular government continue today. There is agreement on the name of the next prime minister - Rosen Zhelyazkov from GERB-SDS, there is also agreement on the governance agreement. However, the talks are complicated by the..

published on 1/13/25 3:54 PM