CARLYLE
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Companies
US Giant Carlyle Starts Strategic Assessment of Black Sea Natural Gas Project
After a 12-year development, Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, started drilling for gas in the Black Sea via the Midia Gas Development (MGD) project this June.
Energy
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.