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TPAO and Shell to seek oil in Black Sea off Bulgaria
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TPAO and Shell to seek oil in Black Sea off Bulgaria
Turkish state energy company TPAO has signed an agreement with British energy major Shell to conduct oil and natural gas exploration in Bulgaria’s exclusive economic zone in the Black Sea. As part of the deal, the Turkish company will take part in activity led by Shell at the Block 1-26 Khan Tervel field in Bulgaria’s offshore waters, the state-run Anadolu news agency reported, quoting Turkey’s energy minister Alparslan Bayraktar. Discussions be…
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