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“Romgaz has submitted a bid for taking over ExxonMobil Black Sea assets”

Romgaz submitted, on the last day of March, a binding offer for the acquisition of 100% of ExxonMobil interests in Neptun Block.

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BLACK SEA
OIL & GAS
BLACK SEA
OIL & GAS
Romgaz to bid for Exxon’s stake in Neptun Deep within two weeks
Romania's Government has deferred amending the Offshore Law until Romgaz takes over the 50% stake in Neptun Deep.
BLACK SEA
OIL & GAS
Romgaz to bid for ExxonMobil’s stake in Black Sea project within two months
Romanian state-owned natural gas company Romgaz (SNG) will submit a bid for the 50% stake held by US group ExxonMobil in the Black Sea.
BLACK SEA
OIL & GAS
Lukoil seeks to dispose of its stake in Romanian Black Sea perimeter
Lukoil wants to sell its 87.8% stake in the EX-3-Trident perimeter in Romania's Black Sea offshore area.
BLACK SEA
OIL & GAS
Romania’s Govt. eyes Exxon’s 50% stake in Neptun Deep offshore block
Romgaz plans to purchase from US group ExxonMobile the 50% stake in the Neptun Deep offshore gas perimeter.
BLACK SEA
OIL & GAS
Romania's Romgaz plans to invest 3.24 bln euro by 2025
Romgaz will seek its shareholders' approval for plans to invest 3.2 million euro until 2025
BLACK SEA
OIL & GAS
Romgaz is interested in a 20% stake in Neptun Deep offshore gas project
Romanian state-owned gas producer Romgaz is interested in buying a 20% stake in Neptun Deep offshore natural gas project in the Black Sea.
BLACK SEA
OIL & GAS
Romgaz and GSP started Trinity project in the Black Sea
Romgaz SA and Grup Servicii Petroliere announced the start of operations within Trinity-1X project in Trident Block, located in Romania’s Black Sea territorial waters.
BLACK SEA
OIL & GAS
Polish PGNiG is among prospective bidders for Exxon’s Black Sea operations in Romania
Polish state-owned oil and gas group PGNiG is among the prospective bidders interested in ExxonMobil’s 50% stake in the Neptun Deep offshore perimeter in Romania’s Black Sea.
BLACK SEA
OIL & GAS
Romanian Government suggested Romgaz replace ExxonMobil in major Black Sea gas project
Romania’s energy minister Virgil Popescu suggested Romgaz should evaluate the option of taking over the stake held by ExxonMobil in the Black Sea offshore gas project.
DOWNSTREAM PROJECT MANAGEMENT
KMGI planning to double production capacity of Petromidia refinery
KMGI is looking to double the production capacity at the Petromidia Refinery. A decision in this regard could be made in the next 3-4 months after a feasibility study will be conducted.
BLACK SEA
OIL & GAS
Romgaz and SOCAR sign MoU on oil and gas production
Romanian natural gas producer Romgaz said on Friday it has signed a MoU with Azerbaijan's national oil company SOCAR on cooperation in oil and gas upstream projects.