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Romania: Romgaz confirms offer to acquire ExxonMobil s interest in the XIX Neptun Deep Block
01 Apr 2021
Romgaz has made a binding offer to acquire 100% shares of ExxonMobil Exploration and Production Romania, the Company that holds 50% of the rights and obligations under the Concession Agreement for petroleum exploration, development and production in the
XIX Neptun DeepBlock, offshore Romania.
OMV Petrom holds the other 50% participating interest.
The binding offer to acquire all shares (representing 100% of the share capital) issued by ExxonMobil Exploration and Production Romania, as endorsed by S.N.G.N. Romgaz S.A. Board of Directors, was submitted to ExxonMobil Upstream Business Development on March 30, 2021. ....

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