Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Shell to Drill in Western Black Sea

change text size

Royal Dutch Shell is to sign an agreement next week with Turkish state-owned energy company TPAO covering oil exploration in the western Black Sea region, according to a Reuters report Friday.

Sources told Reuters that the two companies envisage drilling at least one well within two years.

"Shell and TPAO's oil exploration work will be in the western Black Sea," said one source. "Depending on the results of this work, drilling will be carried out in at least one well within two years."

The deal will be signed Feb. 14, according to Reuters.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Emas Offshore Extends Charters with Pe... (Mar 3)
 -  Eirik Raude Rig Arrives Ahead of Falkl... (Mar 3)
 -  Gas Flows from 3rd Interval of Wressle... (Mar 3)
 -  Drombeg Prospect Suggests Large Deep-w... (Mar 3)
 -  Petroceltic Directors Quit following E... (Mar 2)
Most Popular Articles
From the Career Center
Jobs that may interest you
Offshore Installation Engineer
Expertise: Installation Engineer|OIM
Location: Houston, TX
 
Senior Crane Mechanic
Expertise: Mechanic|Mechanical Technician|Rig Mechanic
Location: Broussard, LA
 
Senior Subsea Engineer
Expertise: Subsea Engineer
Location: Gulf of Mexico
 
search for more jobs