Black Sea Oil & Gas

Transgaz S.A. CEO, Mr. Ion Sterian, and Black Sea Oil & Gas SRL CEO, Mr. Mark Beacom, have signed on Tuesday in Bucharest the Memorandum of Understanding for the use and development of the gas transmission pipelines network for the…

Black Sea Oil & Gas (BSOG) said it aims to start production at two gas fields off Romania by 2019, becoming the first company to tap the country's vast offshore resources. The Romanian company, controlled by private equity firm…

The company Black Sea Oil & Gas will start the gas production in the Black Sea at the middle of next year, and Romania will become gas exporter, said on Wednesday Niculae Havrileţ, President of the Energy Regulatory Authority (ANRE).…