Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have set their sights on drilling a second exploration well at a block in the Black Sea off the coast of Bulgaria.

NewMed Han Asparuh Block Southeastern Europe Energy Balkan Southeastern European Exclusive Economic Zone Bulgarian Black Sea Offshore Bulgaria Petrom Covering Neptun Deep One of Transocean Pelican South Israel Vinekh