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Romgaz signs exclusivity agreement with ExxonMobil for the acquisition of its shares in Romania

Romgaz signs exclusivity agreement with ExxonMobil for the acquisition of its shares in Romania
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Romania's OMV Petrom to join Neptun Deep offshore project if Exxon, Romgaz close deal


Romania s OMV Petrom to join Neptun Deep offshore project if Exxon, Romgaz close deal
Apr 23, 2021 10:58 EEST
Ocean Endeavor drilling rig used in the 2nd drilling campaign in Neptun Deep offshore
Source: OMV Petrom
BUCHAREST (Romania), April 23 (SeeNews) - Romanian oil and gas group OMV Petrom [BSE:SNP] said on Friday that if ExxonMobil accepts the offer submitted by natural gas producer Romgaz [BSE:SNG] for Black Sea offshore project Neptun Deep, it will join in the project as operator.
OMV Petrom and Romgaz are cooperating to unlock the natural gas resources in the Black Sea which are essential for Romania s energy security, for the success of the energy transition and for generating economic growth, the two companies said in a joint press release. ....

Black Sea , Oceans General , Aristotel Jude , Bucharest Stock Exchange , Production Romania Limited , Neptun Deep , Exxonmobil Exploration , Neptun Block , Overseas Atash , கருப்பு கடல் , பெருங்கடல்கள் ஜநரல் , புக்கரெஸ்ட் ஸ்டாக் பரிமாற்றம் , ப்ரொடக்ஶந் ரோமானியா வரையறுக்கப்பட்டவை , எக்ஷ்க்ஷொன்மொபில் ஆய்வு , ஓவர்‌ஸீஸ் அட்டாஷ் ,

Romgaz Makes Exxon E&P Romania Offer


S.N.G.N. Romgaz S.A. has revealed that its board of directors has endorsed a binding offer to acquire all shares issued by ExxonMobil Exploration and Production Romania Limited.
S.N.G.N. Romgaz S.A. has revealed that its board of directors has endorsed a binding offer to acquire all shares issued by ExxonMobil Exploration and Production Romania Limited, representing 100 percent of the share capital.
In a statement posted on its website, Romgaz outlined that the offer was made on March 30, following a letter sent by ExxonMobil Upstream Business Development on February 15, which notified that the deadline for buyers to submit a binding offer was March 31. The offer and the conclusion of the transaction to acquire all shares are conditional upon approval of the extraordinary general meeting of the shareholders of S.N.G.N. Romgaz SA, in line with the laws and Romgaz articles of incorporation, Romgaz noted. ....

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Romania's Romgaz submits binding bid for stake in Neptun Deep offshore project


Romania s Romgaz submits binding bid for stake in Neptun Deep offshore project
Apr 01, 2021 11:28 EEST
Ocean Endeavor drilling rig used in the 2nd drilling campaign in Neptun Deep offshore
Source: OMV Petrom
BUCHAREST (Romania), April 1 (SeeNews) - Romanian natural gas producer Romgaz [BSE:SNG] said that it has submitted a binding offer to acquire the 50% stake that ExxonMobil holds in Black Sea offshore project Neptun Deep.
Romgaz plans to buy 100% of ExxonMobil Exploration and Production Romania Limited (EMEPRL), the company that holds half of the rights and obligations under the concession agreement for petroleum exploration, development and production in XIX Neptun Deep Block, Romgaz said in a filing with the Bucharest Stock Exchange on Wednesday evening. ....

Black Sea , Oceans General , Bucharest Stock Exchange , Bucharest Stock Exchange On , Production Romania Limited , Exxonmobil Exploration , Deep Block , Neptun Block , Overseas Atash , கருப்பு கடல் , பெருங்கடல்கள் ஜநரல் , புக்கரெஸ்ட் ஸ்டாக் பரிமாற்றம் , புக்கரெஸ்ட் ஸ்டாக் பரிமாற்றம் ஆன் , ப்ரொடக்ஶந் ரோமானியா வரையறுக்கப்பட்டவை , எக்ஷ்க்ஷொன்மொபில் ஆய்வு , ஆழமான தொகுதி , ஓவர்‌ஸீஸ் அட்டாஷ் ,