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US Ambassador to Romania to speak at the Black Sea Oil & Gas conference

BLACK SEA
OIL & GAS

US Ambassador to Romania to speak at the Black Sea Oil & Gas conference

US Ambassador to Romania, Hans George Klemm will give a presentation in the opening session of the Black Sea Oil & Gas conference. 

In his presentation, Hans Klemm will touch upon energy security in the region, and prospects for US companies in the Romanian energy sector.

US investment in Romania is diverse and extensive.

There are equipment manufacturers such as General Electric, with oilfield equipment manufacturing facility is located in Ploiesti and Cameron.

Companies such as Hunt Oil, Mazarine, Sand Hill, and Stratum have invested in increasing recovery from Romania’s mature on-shore fields. Exxon-Mobil is considering major investments offshore.

Black Sea Oil & Gas and Carlyle group are going ahead with the first new offshore project in the region.

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