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Bulgaria to Launch Tenders for Silistar, Teres Exploration Blocks in 2 Weeks

Delyan Dobrev, head of Bulgaria's parliamentary energy committee, has presented an upcoming tendering procedure for two Black Sea exploration blocks to representatives of Norwegian oil and gas company Statoil.

Dobrev met Tuesday with Rune Bjørnson, Senior Vice President for Natural Gas in Statoil, and Tony Doré, Senior Advisor to Exploration Management at the company.

Tourism giant wants to make $20 bln in revenue

TUI Group wants to restructure its cruise businesses and airline brands and focus more online bookings after its merger to create a giant. TUI Group plans to restructure its airline brands and cruise businesses and drive more online bookings now its merger to create a tourism group with annual sales of over $20 billion has completed.

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