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Tag Archives: BSOG

Black Sea Oil & Gas announces USD 400m investment in Midia block, expects removal of all new taxes and fees

Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) are pleased to announce that they have approved the Final Investment Decision (“FID”), to proceed ...

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Energy Ministry OKs offshore gas production from XV Midia block in the Black Sea. Will BSOG start works?

The Energy Ministry has issued the authorization document for the offshore works required to start the gas production from XV Midia block, operated by Black Sea Oil & Gas (BSOG), according to a communiqué issued by the ministry on Friday. ...

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Black Sea Oil & Gas awards EPCIC contract for the MGD Project to GSP Offshore

Black Sea Oil & Gas SRL (BSOG) together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus International B.V. announce that it has awarded jointly the Engineering, Procurement, Construction, Installation & Commissioning contract for all offshore and onshore ...

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Black Sea Oil & Gas signs gas sales agreement with ENGIE for natural gas supply from the MGD Project

Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”), announce the signing of the Gas Sales Agreement (“GSA”) with ENGIE through its subsidiary Engie ...

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BSOG completes the two well exploration drilling program in the Black Sea. Deposits not commercially viable

Black Sea Oil & Gas SRL (“BSOG”), together with its co-venture partners, announce the completion of a two well exploration drilling program in the XV Midia block, offshore Black Sea. The drilling campaign was initially scheduled to start in Q4 ...

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ExxonMobil and OMV Petrom will extract 6 billion cubic meters of gas per year from the Black Sea, ANRM official says

ExxonMobil and OMV Petrom will extract 6 billion cubic meters of gas from the Neptun block in the Black Sea as of 2020-2021 and Romania will produce a total of 18-20 billion cubic meters of gas if all the projects ...

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Black Sea Oil & Gas to receive additional investment from the EBRD

Black Sea Oil & Gas SRL (“BSOG”), currently backed by The Carlyle Group, announces that the European Bank for Reconstruction and Development (“EBRD”) has become a minority shareholder in the company. EBRD will receive one board seat as part of ...

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Black Sea Oil & Gas offers details on the deposits discovered in the Black Sea – between 10 and 20 billion cubic meters of natural gas

The company Black Sea Oil and Gas (BSOG) has discovered in the Romanian shelf of the Black Sea between 10 and 20 billion cubic meters of natural gas and the investments aiming to start production in 2019 could reach USD ...

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