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.

Romgaz will purchase all shares in ExxonMobil Exploration and Production Romania, along with stake in the XIX Neptun Block.
The 160km-long, upcoming Neptun Deep project will be operated by ExxonMobil Exploration and Production Romania. This deepwater, onshore, gas pipeline, with…
ByThe US energy giant will turn over the project operatorship to partner OMV Petrom following the completion of the deal.
ByThe 920km-long, upcoming AGRI (Romania–Hungary Section) project will be operated by AGRI LNG. This onshore, gas pipeline, with a maximum diameter…
BySocietatea de Administrare a Participariilor in Energie will operate the upcoming Black Sea liquids storage terminal, located in Black Sea…
ByThe Ana production platform represents the first of its kind to be built and installed in Romania in the past…
ByExxonMobil Exploration and Production Romania owns 50% operatorship stake in XIX Neptun Deep Block.
ByOMV Petrom has earmarked approximately €32m for the drilling campaign at two new development wells in the shallow waters of…
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