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TransAtlantic Petroleum Ltd.Announces Expansion into Bulgaria and Increased Presence in Morocco
TransAtlantic Petroleum Ltd. (TSX: TNP)(NYSE-AMEX: TAT) is pleased to announce that its wholly-owned subsidiary, TransAtlantic Worldwide, Ltd. ("TransAtlantic Worldwide"), has entered into an agreement ("Purchase Agreement") with Direct Petroleum Exploration, Inc. ("DPE") under which TransAtlantic Worldwide would acquire 100% ownership of Direct Petroleum Bulgaria EEOD ("Direct Bulgaria"), Direct Petroleum Morocco, Inc. and Anschutz Morocco Corporation (together the "Direct Morocco Subsidiaries"). Closing of the transaction, which is expected to occur by February 15, 2011, is subject to regulatory approvals, approval of DPE's shareholders and other customary closing conditions.

date.png07 Feb 2011 12:16 | comments.png 0 Comments | tags.png bulgaria deals morocco transatlantic [ More ]

Technip awarded a refining contract in Bulgaria
Technip was awarded by Burgasnefteproekt EOOD (a Lukoil engineering subsidiary) a lump sum services contract, worth approximately €70 million, for the phase 1 of a heavy residue hydrocracking complex to be built at their refinery located in Burgas, Bulgaria.

date.png21 Jan 2011 14:04 | comments.png 0 Comments | tags.png bulgaria lukoil refinery technip [ More ]
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