10.07.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Friday announced the completion of the procedures to change the name of ExxonMobil Exploration and Production Romania Limited to ROMGAZ more

08.10.2022

The Romanian office of the CEE / SEE law firm Wolf Theiss has represented a syndicate of banks made up of Raiffeisen Bank and Banca Comerciala Romana (BCR) in relation with a credit facility of EUR325 more

08.05.2022

The transaction whereby Romanian natural gas producer and supplier Romgaz (SNG.RO) acquired in early August 2022 US ExxonMobil’s ownership stake in the Neptun Deep gas exploration and drilling more

08.04.2022

Law firm Dentons provided legal assistance to Romanian natural gas producer and supplier Romgaz (SNG.RO) for the completion of the acquisition of the 50% ownership stake held by US ExxonMobil more

08.02.2022

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted ExxonMobil, one of the world’s largest publicly traded international oil and gas companies, in finalizing the sale of its 50% more

08.01.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) announced the completion of the acquisition transaction and the transfer of all shares representing 100% of the share more

06.30.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (June 30) said in a stock market report that two conditions precedent are yet to be fulfilled in order to complete the more

05.03.2022

Prime Minister Nicolae-Ionel Ciuca, Energy Minister Virgil Popescu and David Muniz, Chargé d’Affaires ad-interim of the US Embassy to Romania, on Tuesday attended the signing of the contract for more

11.02.2021

Natural gas producer and supplier Romgaz (SGN.RO) on Tuesday evening notified the Bucharest Stock Exchange that its board of directors had endorsed the acquisition of 50% in Neptun Deep block from more

10.05.2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) announced Tuesday that it agreed with US giant ExxonMobil to extend the exclusivity period, from October 15, 2021, to November 15, 2021, in more

02.18.2020

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07.16.2019

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01.31.2019

Romania’s Government on Wednesday approved a decision extending by 15 years, until 2045, its agreement with ExxonMobil and OMV Petrom on the Neptun Deep natural gas perimeter in the Black Sea. more

02.27.2017

Romanian Prime Minister Sorin Grindeanu had a meeting on Monday with a delegation of the consortium made of ExxonMobil and OMV Petrom, led by vice-president of ExxonMobil Development Company, David more

07.20.2016

ExxonMobil, which signed a deal to explore the deep water sector of the Neptun Block in the Black Sea with OMV Petrom, the only oil and gas producer in Romania in 2008, ended last year with about 321 more

09.02.2015

Romanian President Klaus Iohannis met Wednesday with representatives of oil and gas companies ExxonMobil and OMV Petrom who emphasized the importance of stability and predictability at fiscal and more

05.29.2015

OMV Petrom, the only oil and gas producer in Romania, and its partner, US ExxonMobil, have reached five exploration wells in the Black Sea, some completed and others in progress. Each such well more

02.18.2015

OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the Black more

10.27.2014

ExxonMobil and OMV Petrom (SNP.RO) Monday said they are drilling an exploration well on a new prospect about 155 kilometers offshore in the Romanian sector of the Black Sea. more

06.05.2014

The Black Sea depths have ‘swallowed’ more than $1.3 billion since the beginning of exploration works carried out by ExxonMobil in partnership with Romania’s largest company OMV Petrom (SNP.RO) more

05.19.2014

ExxonMobil Exploration and Production Romania awarded, in the last six months, contracts worth $185.15 million for exploration and drilling works and for transportation services to and from its more

05.16.2014

ExxonMobil Exploration and Production Romania will pay $2.14 million to Canadian CHC Global Operations International for helicopter transportation services to and from its offshore platforms in the more

02.25.2014

ExxonMobil Exploration and Production Romania invested so far $500 million in its Black Sea block run jointly with OMV Petrom and expects the figure will double before the parties reach a decision more

01.29.2014

OMV Petrom (SNP.RO) and ExxonMobil became the titleholders for the deep water portion of the XV Midia Block, after the Romanian government approved the transfer of hydrocarbon exploration and more

04.04.2013

Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said that natural gas output at a deepwater well in the Black Sea developed together with ExxonMobil could reach as much as 6.5 billion cubic more