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Government extends offshore agreements with ExxonMobil and OMV Petrom to 2045

The Romanian government passed a Decision to extend to 2045 the agreement it has with ExxonMobil and OMV Petrom on the Neptun Deep natural gas perimeter in the Black Sea, Mediafax reports. The concession agreement for the exploration, development and exploitation of the XIX Neptun perimeter was initially approved in 2000 through a Government Decision and was originally valid until 2030. Wednesday’s act extended the agreement by another 15 ...

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