Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, which have drilled a dry hole in the Bulgarian sector of the Black Sea, are weeks away from drilling another well.

NewMed Han Asparuh Petrom Block Vinekh Southeastern Europe Energy Balkan Noble Globetrotter Noble Once Bulgarian Black Sea Southeastern European Exclusive Economic Zone Noble Corporation East of Varna Offshore Bulgaria