international magazine
05-02-2013 14:38


BLACK SEA OIL AND GAS EXPLORATION PROSPECTS AND INVESTMENT OPPORTUNITIES TO BE DISCUSSED MARCH 2013



The Black Sea region can be considered a complex but hugely important area for hydrocarbon development in Europe. Recent exploratory drilling activities are promising, and there are currently important stakeholders in the region includingOMV,Total and Repsol.

Gas and oil pipeline decisions are still in discussion, as are the issues in relation to the Bosphorus Strait. In energy terms, the region is a bridge between the Caspian region and Europe, as well as the Middle East and the East Mediterranean. Energy security, exploration & production, energy transportation and geopolitics are the mainmidstream and upstream challenges, but with these challenges come opportunities.

To put this in context, the Black Sea Oil and Gas Forum takes place from 6-7 March at the Sheraton Sofia Balkan, Sofia, Bulgaria and will explore what requires further commitment and investment,along with predictions from the littoral states, including those in Russia, Ukraine, Georgia, Bulgaria, Romania and Turkey, as well as surrounding countries influencing the region.

The forum brings together government officials, IOCs, NOCs, operators, EPC specialists, local contractors and regional experts who will be identifying the key opportunities and challenges in Black Sea region, including:
H.E. DelyanDobrev, Minister, Ministry of Economy, Energy and Tourism, BULGARIA
Marc Blaizot, Senior Vice President Exploration and Member of the Management Board, Total
Kurt Wagner, Vice President Exploration, Middle East & Caspian, OMV
KirilTemelkov, CEO, Bulgartranzgaz
Jean-Arnold Vinois, Acting Director for Internal Energy Market, European Commission
BogdanPopescu, Managing Director, Zeta Petroleum (Romania) srl

Discussion based case studies and panel debates will provide coverage on:
Taking Steps Towards Regional Co-operation in the Black Sea
How do the Black Sea Tenders and Discoveries Relate to the Southern Corridor?
Host Country Focus: Bulgaria - What are the Latest Developments?
The Very Latest on Exploration and Production from Total and OMV
Monetisation of National Resources from the NOCBulgartranzgaz
Special Country Focus sessions for Georgia, Turkey, Ukraine, and Romania

For further information, visit www.blackseaoilgas.com or contact Laurence Allen on +44 (0)20 3615 0390 or emaillaurenceallen@dmgevents.com