BLACK SEA
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Lukoil To Spend At Least Another $200M On Black Sea Exploration Drilling in 2015
Lukoil Overseas, the international exploration and production division of Russia’s oil group Lukoil, says it plans to spud two new wells in the Trident offshore block, one of the two it leas...
Carlyle Group Buys Sterling Resources’ Romanian Oil&Gas Operations For $42.5M
Private equity behemoth Carlyle Group will buy Sterling Resources’ Black Sea oil exploration business for a cash consideration of $42.5 million, the two companies said Thursday.
OMV Petrom And Exxon Find New Gas Reserves In Black Sea
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 B...
Romgaz In Talks With Sterling Over New Acquisition At The Black Sea
Romanian natural gas producer Romgaz (SNG.RO) is in talks to take over a 32.5% stake in two offshore fields leased to Canada’s Sterling Resources, whose exploration in the area, carried out...
Lukoil To Finish Drilling First Exploration Well In Romanian Black Sea Sector Soon
Lukoil Overseas, the international exploration and production unit of the Russian oil group Lukoil, will soon complete the drilling of its first exploration well in the Est Rapsodia offshore...
Romania Relies On Black Sea For Gas - Minister
Romania will focus on the construction of a EUR230 million gas pipeline to transport gas from the Black Sea to Podisor, Giurgiu county, southern Romania, said minister-delegate for Energy Ra...
Eastern Europe Readies Pipeline Investments For Black Sea Gas
Oil companies from U.S. to Russia have rushed to the Black Sea lured by the prospective deepwater hydrocarbon deposits and the promising results of the surveys and drills did not go unnotice...
Lukoil Seeks Extension On Black Sea Perimeter Exploration Lease
Lukoil has asked the Romanian Mineral Resources Agency (ANRM) for a six-month extension, until May 2015, on the exploration of a Black Sea block, citing delays due to the late arrival of a d...
Halliburton Mulls Developing Deepwater Projects In The Black Sea
U.S. oilfield services provider Halliburton focuses on two fields with great growth potential in Romania, namely increasing oilfield production and developing deepwater projects in the Black...