BUCHAREST, Nov 17 (Reuters) - Romanian gas producer Romgaz (SNG.BX) has estimated it will finalize the acquisition of a 50% stake in a Black Sea offshore gas project from Exxon Mobil (XOM.N) in the first quarter of next year, its manager Aristotel Jude said on Wednesday.
Romgaz will ask shareholders to approve the deal at a meeting on Dec. 9. The company could pay up to $1.07 billion to Exxon. read more
The other half of the long-delayed Neptun Deep offshore project is owned by Romanian OMV Petrom (ROSNP.BX), majority-controlled by Austria's OMV (OMVV.VI).
Reporting by Luiza Ilie
Our Standards: The Thomson Reuters Trust Principles.
"complete" - Google News
November 17, 2021 at 04:48PM
https://ift.tt/3Fq10pf
Romania's Romgaz expects to complete Exxon deal in Q1 2022 - Reuters
"complete" - Google News
https://ift.tt/2Fvz4Dj
https://ift.tt/2YviVIP
No comments:
Post a Comment