One-Page Deal Sheet
ExxonMobil to Sell Romanian Portfolio to Romgaz for Over $1.0 Billion
ExxonMobil SNGN Romgaz SA
Announced Date
May 03,2022
Transaction Type
Property
Enterprise Value (EV)($MM)
1060
Asset/Basin:
["Black Sea (Neptun Deep)"]
TargetZones:
[]
Transaction Details: Subscribe to see
ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.
The agreement includes all shares in ExxonMobil Exploration and Production Romania along with interest in the XIX Neptun Block offshore Romania. Operatorship on the block will transfer to its other titleholder, OMV Petrom. Employees of the Romanian affiliate will transfer as part of the sale.
ExxonMobil has been present in Romania's upstream sector since November 2008, when it acquired an…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-18-2021 |
-  |
- |
Click here | E&P | |
| Feb-24-2021 |
- |
- |
Click here | E&P | |
| Oct-16-2019 |
- |
- |
Click here | E&P | |
| Sep-26-2019 |
- |
- |
Click here | E&P | |
| Aug-22-2019 |
- |
- |
Click here | E&P |