Romgaz has not concluded any contract to lease Neptun Deep capacity
Romgaz (SNG) or its affiliate Romgaz Black Sea Limited do not have any concluded or ongoing contracts aimed at the…
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ExxonMobil
Minister of Energy: 2022 was the year of investments, the results will be visible in 2-3 years
The year 2022 was full of challenges, in which the Government managed the energy crisis and, at the same time,…
Neptune Deep Project is nearing completion
Romgaz’s Board of Directors approved the conclusion of the sale-purchase contract of all shares issued by ExxonMobil Exploration and Production…
Romgaz approved the takeover of the Neptune Deep perimeter from Exxon
Romgaz’ Board of Directors has approved the 1.06 billion dollars deal to take over the Neptune Deep field from ExxonMobil.…
Western firms head for the exit in Russia as sanctions tighten
Energy giant BP, global bank HSBC and the world’s biggest aircraft leasing firm AerCap joined a growing list of companies…
Romgaz: Neptune Deep deal needs clarifying some issues
The signing of the sale-purchase contract for ExxonMobil Exploration and Production Romania Limited shares has not yet taken place, as…
Maximescu, OMV Petrom: We could have had gas from the Black Sea, instead we freeze in the Parliament Palace
Gas production in the Black Sea should have started this winter, if the authorities had adopted the legislation in time…
Romgaz will complete in the Q1 of 2022 the transaction with Exxon for taking over the Neptun Deep stake
Romgaz will sign the contract with Exxon to take over the 50% stake in Neptun Deep Black Sea gas field…
Romgaz is convening shareholders to approve the $1 bln. deal with Exxon
Romgaz convenes, on December 9 and 10, the Ordinary and Extraordinary General Meetings of Shareholders to approve the transaction regarding…
Romgaz and ExxonMobil extend the period of exclusive negotiations on the Black Sea Neptune project
Romgaz and ExxonMobil Romania agreed, on Tuesday, to extend until November 15, 2021 the exclusivity period for the negotiation regarding…
PwC: Black Sea Natural Gas – Investments need to be made now
The subject of natural gas reserves in the Black Sea has been intensely debated in public space over time. The…
Gal, ANRM: The process of entering the development and exploitation phase of the Black Sea gas must be accelerated
The process of entering the development and exploitation phase of the Black Sea gas must be accelerated, because after 2030…
Sources: Exxon may remain in the Neptun Deep project with Romgaz
Exxon could remain an active part of the Neptun Deep project, in order to continue collaborating with the most possible…
ANRM: Romania’s interest is for investments in Black Sea gas to start in 2022
Romania’s interest is for the investment in the Neptune Deep perimeter in the Black Sea to start in 2022, otherwise…
Energy Minister: Offshore law to be amended by summer
The offshore law will be amended by the end of this parliamentary session, meaning this summer, Energy Minister Virgil Popescu…
Verchere: After the amendment of the Offshore Law, it takes 12 months for the investment decision in the Black Sea
OMV Petrom needs a 12-month period to make the decision to invest in the Black Sea gas project, from the…
Dan Dragan: There are companies interested to enter offshore gas operations
Dan Dragan, Secretary of State in the Ministry of Energy, says that there are important companies that want to enter…
V. Popescu: Romanian state could take over 50% of Neptun Deep, via Romgaz
The Romanian state wants to take over, through Romgaz, the 50% participation in the Neptun Deep gas field, currently owned…
Popescu: Romgaz must to be part of the consortium that will start exploiting gas in the Black Sea
The Minister of Economy, Energy and Business Environment, Virgil Popescu, said that he wants Romgaz to be part of the…
Verchere, Energy Strategy Summit: Black Sea Gas is a huge opportunity, but it won’t be forever
Black Sea gas is a huge opportunity for Romania, but it will not be forever, and at the moment, the…
ROPEPCA is concerned that GEO 27/2020 introduces new risks in the O&G Upstream segment
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) warns that the changes brought to the Petroleum Law no. 238/2004…
Romgaz: Discussions regarding the acquisition of a share in the Neptun Deep perimeter, blocked until next year
Discussions regarding the acquisition by Romgaz (SNG) of a stake in ExxonMobil in the offshore perimeter Neptun Deep were put…
Verchere: The first cubic meter of gas in Neptune Deep could be extracted only from 2024-2025
The first gas molecule could be extracted from the Neptune Deep perimeter of the Black Sea only in 2025, if…