The minister said the bid was preferred, among other reasons, because the consortium had offered two times more of expenses on exploration works than the rivals.

Russia’s Lukoil Overseas was also bidding for the Skifska field.

ExxonMobil and Petrom are currently exploring the deepwater portions of a block off Romania’s Black Sea coast. In February, the two companies announced a significant gas discovery some 170 kilometers offshore Romania.

Agency website: http://un.ua