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Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.
This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.
Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.
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Romania is a mature hydrocarbon province - Oil production commenced in the mid-19th century and peaked at 300,000 b/d in the mid-1970s. ...
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Detailed analysis of the fiscal system applicable to new licences.
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The Domino field lies in the Neptun Deep licence in the Romanian Black Sea, 200 kilometres from shore. It is the first deepwater ...
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The Lebada Area lies within the Istria block in the Romanian Black Sea. The area consists of five fields; Lebada East, Lebada West, ...
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