Acquisitions and Divestitures News in Romania

OMV Petrom Closes Two Renewable Power Deals with Renovatio
10/10/2024 - - Projects with a capacity of approximately 1,000 MW will be developed together with Renovatio; one of the projects is built and in production testing
- Operational assets with a capacity of 18 ...
OMV Petrom Signs a New Acquisition of Photovoltaics Projects in Romania
6/7/2024 - OMV Petrom, the largest integrated energy producer in Southeastern Europe, strengthens its partnership with Renovatio by acquiring a 50% stake in three photovoltaic projects totalling 130 MW.

...
Iberdrola sells its wind power assets in Romania for €88 million
4/29/2024 - • Premier Energy Group acquires 100% of the ‘Eolica Dobrogea One’ wind company, previously owned by Iberdrola, which owns 80 MW of wind power in the region

Iberdrola is progressing with its p...
Enel Finalized the Sale of its Romanian Operations to PPC
10/25/2023 - The company closed the sale of the equity stakes held by the Enel Group in Romania to PPC for a total consideration of around 1,240 million euros, equivalent to an enterprise value of approx. 1,900 mi...
EMOV Announces Acquisition of Majority Stake in Sand Hill Petroleum
3/9/2023 - EMOV, an independent international energy company set up to acquire and operate conventional energy assets, is pleased to announce the completion of its acquisition of 88% of the issued and outstandin...
Enel Signs Agreement to Sell its Romanian Operations to PPC
3/9/2023 - - The two companies signed an agreement to sell the equity stakes held by the Enel Group in Romania to PPC for a total consideration of approx. 1,260 million euros, equivalent to an enterprise value o...
Serinus Wins Arbitration Case Against Former Romania Partner
2/15/2023 - Serinus Energy plc (the "Company") (AIM:SENX, WSE:SEN) announces pursuant to its obligations as an AIM listed company that the International Chamber of Commerce ("ICC") has released the final merits a...
Enel Extends Negotiations with PPC on the Potential Sale of all Romanian Operations
2/4/2023 - Enel S.p.A. informs that, following the announcement released on December 14th, 2022, the exclusivity period for negotiations with Greek company Public Power Corporation S.A. (PPC) in relation to the ...
Enel Enters Exclusive Negotiations with PPC on Sale of all Romanian Operations
12/14/2022 - Enel S.p.A. (“Enel”) announces that today it has entered into an Exclusivity Agreement with Greek company Public Power Corporation S.A. (“PPC”) in relation to the potential disposal of all the equity ...
GreenVolt Buys 45 MWp Solar Park in Romania
5/18/2022 - GreenVolt, through its subsidiaries V-Ridium Solar 45 and V-Ridium Renewables, has reached an agreement for the purchase of a 45 MWp solar photovoltaic park in Romania, until now held by Samsung C&T C...
ExxonMobil to Sell Romanian Affiliate for More Than $1 Billion
5/3/2022 - - Sale supports strategy to focus investments on advantaged assets
- Includes ‘Neptun Deep’ block in the Black Sea
- Transaction expected to close in second quarter

ExxonMobil ...
PNE Announces Photovoltaic Projects with 280 MWp Sold in Romania and USA
3/14/2022 - PNE AG has sold two photovoltaic projects in Romania and USA with a total nominal output of around 280 megawatts peak (MWp).

The Romanian project with a nominal capacity of around 81 MWp is...
Romgaz & ExxonMobil Sign Agreement for Acquisition of XIX Neptun Deep Block
6/18/2021 - On June 17, 2021 S.N.G.N. Romgaz S.A. and ExxonMobil Exploration and Production Romania Holdings Ltd. signed an Exclusivity Agreement by which the seller grants Romgaz an exclusivity right for a peri...
Romgaz Finalizes the Takeover of the Participation in Neptun Deep Project
4/23/2021 - OMV Petrom, the largest energy company in South-Eastern Europe and Romgaz, the largest producer and main supplier of natural gas in Romania, are cooperating to unlock the natural gas resources in the ...
Romgaz to Acquire ExxonMobil's Interest in XIX Neptun Deep Block
3/31/2021 - Taking into account the letter sent by ExxonMobil Upstream Business Development, on February 15, 2021, providing that, the deadline for buyers to submit the binding offer is March 31, 2021, S.N.G.N. R...
Request for Arbitration Filed against Defaulted Romanian Partner
10/22/2020 - Serinus Energy plc has filed a Request for Arbitration with the Secretariat of the International Court of Arbitration of the International Chamber of Commerce (“ICC”). The request for arbitration conc...
Parta Exploration Farm in Update
9/8/2020 - ADX Energy has received a notice from Parta Energy (a wholly owned subsidiary of ASX listed Tamaska Oil & Gas) that the board of Tamaska have decided not to proceed with the farmin transaction relatin...
Claren to Acquire Remaining 60% Interest in the Bobocu Gas Field
6/17/2019 - Claren Energy Corp. is pleased to announce that its wholly owned subsidiary, Claren Operations Ltd., has entered into an agreement with Zeta Petroleum (Romania) S.R.L., to acquire the remaining sixty ...
A 1.5$ Million Farm-in Funding for Parta License
4/8/2019 - ADX Energy Ltd (ADX) is pleased to advise that it has executed a farm-in on behalf of Danube Petroleum Limited (Danube) and ADX Energy Panonia Srl (Panonia) to fund a 3D seismic program in the Parta...
OMV Petrom Transfers Licences to Mazarine Energy
9/28/2018 - OMV Petrom S.A. (OMV Petrom), the largest energy company in South-Eastern Europe, reached an agreement for the transfer of licenses for nine onshore oil and gas fields in Romania to Mazarine Energy Ro...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.