03.25.2025

OMV Petrom, the largest integrated energy producer in Southeast Europe, and ROMGAZ, the largest producer and main supplier of natural gas in Romania, announce the spud of the first well for more

01.08.2025

The export of a quantity of natural gas from the Neptun Deep perimeter is part of the business plan of the Neptun Deep project and reflects Romania’s commitment to contributing to European energy more

11.18.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit more

10.02.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, has announced the start of the construction works for the steel jacket, platform support more

02.03.2024

Romanian natural gas producer and supplier Romgaz (SNG.RO) plans to sell EUR500 million worth of bonds in the second half of 2024 in order to finance the Neptun Deep project in the Black Sea, more

12.12.2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has continued to make significant progress in implementing Neptun Deep project. more

08.04.2023

Romanian natural gas producer and supplier Romgaz (SNG.RO) announced in a stock market report that the National Agency for Mineral Resources has confirmed the development plan of the Domino and more

08.04.2023

OMV Petrom (SNP.RO), Romania’s sole oil and gas producer and the operator of the Neptun Deep project, announced in a stock market report Thursday evening the signing of a EUR1.6 billion contract more

06.21.2023

OMV Petrom, the largest integrated energy company in South-Eastern Europe, along with its partner Romgaz, has made the Final Investment Decision for the development of the Neptun Deep project in the more

12.13.2022

OMV Petrom and Romgaz submitted the statement of commercial discovery for the Neptun Deep block with Romania’s national agency for mineral resources ANRM, market sources said. The statement is 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

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

05.13.2022

Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited more

04.15.2022

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank. more

12.14.2021

Lender Raiffeisen Bank has won a tender organized by natural gas producer and supplier Romgaz (SNG.RO) to obtain a part of the funded needed for the acquisition of US giant ExxonMobil's stake in the 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

10.26.2021

Natural gas producer and supplier Romgaz (SNG.RO), the most valuable state-run company listed on the Bucharest Stock Exchange, on Tuesday evening announced after the end of the trading session the 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

09.30.2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) said in a stock market report Thursday that it initiated a non-binding process in order to obtain offers for financing in the amount of RON1.6 more

09.27.2021

Romanian state-owned natural gas producer Romgaz plans to borrow EUR350 million, through a syndicated loan, in order to acquire US giant ExxonMobil's 50% stake in the Neptun Deep gas exploration and more

09.03.2021

“All my career I’ve worked in oil and gas sector only. All over the world. One of the key aspects in this industry is that one works with governments,” Christina Verchere, chief executive more

06.18.2021

Romanian gas producer Romgaz announced Friday it has secured a four-month exclusivity agreement with US ExxonMobil for negotiations over the acquisition of Exxon's stake in Neptun Deep offshore block more

05.05.2021

OMV Petrom Group has all the necessary expertise and is ready to take over the operator role of the Neptun Deep block in the Black Sea after US’ ExxonMobil left, in case the bid submitted by Romgaz more

04.23.2021

OMV Petrom, the largest energy company in South-Eastern Europe, will act as operator for Neptun Deep block if ExxonMobil accepts Romgaz' offer for its 50% stake in the gas exploration and drilling more