Black Sea News


OMV Delays Romanian Offshore Project FID

Mar 13, 2020

Austrian oil and gas group OMV is again postponing an investment decision on its Black Sea exploration project and is now aiming for a decision next year at the earliest, its chief executive said on Friday.The exploration of the Black Sea Neptun…

Romania's Romgaz Eyeing Stake in Neptun Deep Offshore Project

Feb 18, 2020

Romania's Romgaz said it has agreed with OMV Petrom and Poland's PGNiG to make a joint offer for Exxon Mobil's 50% stake in a long-stalled offshore natural gas project in the Black Sea if the U.S. company decides to sell.State-owned Romgaz would…

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