By the end of this month, the state will publish the announcement of the concession of the first 22 continental perimeters in round XI, according to sources.

“By the end of the month, the announcement for the first 22 perimeters of round XI will be published in the Journal of the European Union and in the Wall Street Journal. There was a danger that the Round could not be promoted due to discrepancies between oil law, offshore law and the law of safety of offshore operations, and following multiple discussions between the Mineral Resources Agency (ANRM) and the Offshore Petroleum Regulatory Authority (ACROPO ), it was decided to ‘split’ them, and the 22 onshore perimeters will be offered, for which there is already interest from the interested companies,” said sources quoted by e-nergia.ro.

As for offshore perimeters, the start of proceedings will be postponed, most likely for three to four months, during which time law provisions will be amended (especially the law on offshore safety) which will eliminate overlapping responsibilities of the two institutions, ANRM and ACROPO, and will create better prospects for the oil companies concerned.