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“Romgaz-ExxonMobil deal delayed until ownership details are settled”

Romgaz and Exxonmobil is temporarily blocked due to a controversy over the fact that the license to operate in the Black Sea is held by the American company.

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BLACK SEA
OIL & GAS
BLACK SEA
OIL & GAS
Romania will start extracting gas from Black Sea in 2026, minister says
Romania could become almost energy independent when Romgaz and OMV Petrom extract the first barrels of natural gas from the Black Sea.
BLACK SEA
OIL & GAS
Romgaz buys half of Black Sea deep-water gas project
Romgaz said it has reached an agreement for the acquisition of the 50% stake that ExxonMobil holds in Black Sea offshore project Neptun Deep.
BLACK SEA
OIL & GAS
ExxonMobil prolongs exclusive negotiations with Romgaz for Neptun Deep
Romgaz announced the extension of the exclusivity agreement related of ExxonMobil Exploration in the Neptun Deep offshore natural gas perimeter in the Black Sea.
BLACK SEA
OIL & GAS
Romgaz sees 30% profit increase in second quarter
Romanian, reported a net profit of almost RON 300 mln in the second quarter of this year.
BLACK SEA
OIL & GAS
New Report: Key offshore discoveries and developments in the Black Sea
The report contains up-to-date information on the projects in Romania, Turkey, Ukraine, Bulgaria and Georgia.
BLACK SEA
OIL & GAS
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.
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