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“Romania's Romgaz completes takeover of Exxon Mobil's stake in Neptun Deep”

Ocean Endeavor drilling rig used in the 2nd drilling campaign in Neptun Deep offshore.

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BLACK SEA
OIL & GAS
BLACK SEA
OIL & GAS
Romania's Romgaz completes 31 mln lei (6.3 mln euro) investment in Snagov onshore project
Romgaz Group said that it completed a 31 million lei investment in the Snagov onshore project.
BLACK SEA
OIL & GAS
Romgaz argues for speeding up production stage of Neptun Deep project
Romgaz will seek ways to speed up the Neptun Deep.
BLACK SEA
OIL & GAS
Profit of Romanian gas company Romgaz more than doubles YoY in Q1
Even if it sold a 17% lower amount of gas in Q1 this year compared to the same period of 2021.
BLACK SEA
OIL & GAS
ExxonMobil to divest Romanian upstream unit for more than $1bn
Romgaz will purchase all shares in ExxonMobil Exploration and Production Romania, along with stake in the XIX Neptun Block.
BLACK SEA
OIL & GAS
Romania's Romgaz borrows 325 mln euro to partly finance takeover of Exxon stake in Neptun Deep
Romgaz said it has signed a 325 million euro loan agreement with Raiffeisen Bank.
BLACK SEA
OIL & GAS
Black Sea Oil & Gas to extract Romania gas from Q2
Black Sea Oil & Gas (BSOG) will start extracting gas from its Romanian offshore project in the second quarter, later than planned
BLACK SEA
OIL & GAS
Romgaz takeover of Exxon stake in Neptun Deep to be completed in Q2
Romgaz approved the sale-purchase contract of all the shares issued by ExxonMobil.
BLACK SEA
OIL & GAS
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.