Business
Forging energy ties across continents: Kalin Edrev and CLOVER INTERNATIONAL’s strategic expansion
July 27, 2025 | 01:04 PM
As the global energy landscape shifts toward innovation, diversification, and international cooperation, a new chapter is unfolding with the strategic alignment of business leaders from the United States, Kuwait, and Bulgaria. At the center of this development is Bulgarian entrepreneur Kalin Edrev, who continues to solidify his position as a key figure in the Middle East energy sector.In November 2024, CLOVER INTERNATIONAL COAL CORPORATION USA, a company with growing ambitions in global energy, signed a Joint Venture agreement in Kuwait with Mohammed A. Khorsheed, CEO of Global Oil Center Kuwait. The partnership marked a significant move to align American energy investment with the Gulf’s vast infrastructure and resource-driven opportunities.But the collaboration didn’t stop there. Just two weeks ago, during a visit to Bulgaria, Khorsheed and Edrev formalized the next phase of this alliance by registering a new company: Global Oil Center Kuwait in Bulgaria Ltd. The new entity aims to serve as a strategic bridge between the energy interests of the Middle East and Southeastern Europe.The joint venture represents more than a business expansion. It embodies a vision to foster transcontinental cooperation in the energy sector at a time when energy security, renewable transitions, and cross-border technology sharing are more critical than ever.Kalin Edrev, known for his work across the UAE, Saudi Arabia, Kuwait, and Oman, brings on-the-ground insight and operational expertise to the table. His growing footprint in refinery modernization, LNG terminal development, and solar energy projects in the Gulf has positioned him as a reliable local partner in complex infrastructure ventures. With this joint registration in Bulgaria, Edrev now adds a European chapter to his growing energy portfolio."The Middle East is booming with projects, but Bulgaria offers unique potential,” Edrev has previously noted in interviews. "We’re seeing more Eastern European nations open to strategic energy development — not just from an infrastructure angle, but also in terms of energy diplomacy and future resilience.”Bulgaria’s role in the European energy market has long been shaped by its geographic location and reliance on external sources of oil and gas. However, recent years have brought a more proactive approach from both public and private sectors to diversify supply, modernize infrastructure, and attract foreign investment in renewables and LNG.The creation of Global Oil Center Kuwait in Bulgaria Ltd. could serve multiple strategic purposes:
- As a logistical and operations hub for broader EU expansion.
- As a research and innovation conduit that combines Middle Eastern and European approaches to energy.
- And as a diplomatic and investment vehicle at a time when energy collaboration between Gulf states and Europe is gaining urgency due to ongoing geopolitical pressures.
July 27, 2025 | 01:04 PM