The deal is subject to necessary watchdog approvals.
Carlyle was until last year the majority stakeholder in Mazarine Energy, with the stake being meanwhile taken over by the founder and CEO of the Dutch company, Edward van Kersbergen.
BSOG, as operator, has led, on behalf of itself and its joint venture partners, the investment of more than $400 million in the Midia Gas Development (“MGD”) project, the first offshore hydrocarbon production hub in the Romanian Black Sea in more than 30 years.
The project included the development of the offshore Ana platform, a 126-kilometre subsea pipeline and the new onshore gas treatment plant at Vadu. Since coming online in June 2022, BSOG has supplied approximately 12% of Romania’s domestic gas demand.
BSOG will continue as operator of the MGD project, ensuring the continuity of the company’s activity as it enters in a new development phase.
(English version by Catalina Apostoiu)