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Cooperation in Romania

In Romania, Romgaz is co-titleholder of rights and obligations in 15 petroleum blocks.

In these 15 blocks, Romgaz carries out its activity in compliance with Joint Operation Agreements concluded with its partners for the respective blocks, namely:

  • 11 petroleum development and exploitation blocks in the Moesian platform and Getic depression, where Romgaz performs production rehabilitation activities together with Amromco Energy SRL;

  • 2 petroleum exploration-development-exploitation blocks located mainly in the north-eastern part of the country, namely Brodina block (exploration and production) and Bacau block, where Romgaz carries out petroleum operations together with:

                1. Raffles Energy – exploration area;

                2. Raffles Energy in Brodina – production area;

                3. Raffles Energy in Bacau block.

  • 1 offshore exploration-development-exploitation block located on the continental shelf of the Black Sea (EX 30 TRIDENT) together with Lukoil Overseas Atash B.V.

For 15 years, until November 30, 2018, Romgaz cooperated with Schlumberger Logelco Inc in Laslau Mare block based on an Agreement for association without legal personality with the scope of production rehabilitation by reserve enhancement in Laslau Mare field.

Cooperation Outside Romania

Romgaz notified in April 2020 that it relinquishes its participating interest in Svidnik Block located in the Republic of Slovakia, this action caused the end of exploration activities performed by Romgaz in this block.

Romgaz is focused on extending its operations outside Romania by acquiring petroleum rights and obligations for petroleum exploration, development and production operations with the clear aim of recording first gas and oil reserves outside Romania.