Browsing: offshore law

Black Sea Oil & Gas, a company controlled by the American investment fund Carlyle, gives up the arbitration process against the Romanian state regarding the additional…

Romanian Prime Minister Marcel Ciolacu has informed Austrian OMV Group and its local subsidiary OMV Petrom that the Neptun Deep offshore gas project should proceed based on the…

Alfred Stern, CEO of OMV Group, parent company of OMV Petrom, will negotiate with the representatives of the Romanian Government the modification of the Offshore Law. OMV…

CEO of Romanian oil and gas company OMV Petrom Christina Verchere said that the final investment decision on the Neptun Deep project in the Black Sea…

The Romanian Chamber of Deputies endorsed the amendments to the Offshore Law that were expected for years to unlock the several gas investment projects in the…

Romania’s Senate said that it has approved the amendments to the Offshore Law, which are expected to enable investments in offshore oil and gas projects in…

Romania’s ruling coalition wrapped up the draft Offshore Law and sent it to the Parliament for ratification. The amended law is expected to convince investor in…

Leader of the Social Democrat Party (PSD) Marcel Ciolacu said that the ruling coalition will submit the draft Offshore Law to the Parliament next week. He…

The head of the Romanian Senate and the leader of junior ruling Liberal Party (PNL) Florin Citu said that the Government is very close to amending…