Profile picture for user irina.popescu0
Irina Marica
Senior Editor

Irina holds a BA in Journalism and has been part of the Romania-Insider.com team since its early days in 2011. She likes to keep the Romania-insider.com readers informed every day. Irina reports on various topics, on a wide range of areas such as politics, social or entertainment. She also writes travel or leisure articles, as well as interviews. She splits her time between Sinaia, her hometown, and Bucharest. Being born and raised in a mountain town, Irina loves spending time in nature, but she also likes to read, write, listen to music, travel, teach her dog new tricks and listen to other people’s stories (so don’t hesitate to contact her for an interview if you have an interesting story that you want to share with the Romania-insider.com readers). She dreams to visit Iceland one day and maybe get to see the Arctic Monkeys play live.  You can send her press releases or feedback on her stories by emailing [email protected]

 

Exxon reportedly expects USD 250 mln for its 50% stake in Romanian offshore perimeter

ExxonMobil is accelerating its biggest asset sales in decades with plans to divest up to USD 25 billion of oil and gas fields in Europe, Asia and Africa, Reuters reported on November 21, indicating price tags for each of the several assets the US company wants to sell.

Its 50% participation in Romanian offshore perimeter Neptun Deep has an indicated price of “around USD 250 million” - a figure that stirred some comments in local media.

“The estimate is surprising, considering the fact that Exxon claims to have invested over USD 750 million in Neptun Deep (USD 1.5 billion together with its partner OMV Petrom),” Profit.ro wrote.

On the other hand, the Romanian newswire indicates that the sum of USD 250 million is close to the USD 290 mln reported as losses during 2008-2018 by ExxonMobil Exploration and Production Romania Limited - the Romanian branch of Exxon’s Bahamas firm that owns the stake in Neptune Deep.

[email protected]

(Photo source: Pixabay.com)

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Profile picture for user irina.popescu0
Irina Marica
Senior Editor

Irina holds a BA in Journalism and has been part of the Romania-Insider.com team since its early days in 2011. She likes to keep the Romania-insider.com readers informed every day. Irina reports on various topics, on a wide range of areas such as politics, social or entertainment. She also writes travel or leisure articles, as well as interviews. She splits her time between Sinaia, her hometown, and Bucharest. Being born and raised in a mountain town, Irina loves spending time in nature, but she also likes to read, write, listen to music, travel, teach her dog new tricks and listen to other people’s stories (so don’t hesitate to contact her for an interview if you have an interesting story that you want to share with the Romania-insider.com readers). She dreams to visit Iceland one day and maybe get to see the Arctic Monkeys play live.  You can send her press releases or feedback on her stories by emailing [email protected]

 

Exxon reportedly expects USD 250 mln for its 50% stake in Romanian offshore perimeter

ExxonMobil is accelerating its biggest asset sales in decades with plans to divest up to USD 25 billion of oil and gas fields in Europe, Asia and Africa, Reuters reported on November 21, indicating price tags for each of the several assets the US company wants to sell.

Its 50% participation in Romanian offshore perimeter Neptun Deep has an indicated price of “around USD 250 million” - a figure that stirred some comments in local media.

“The estimate is surprising, considering the fact that Exxon claims to have invested over USD 750 million in Neptun Deep (USD 1.5 billion together with its partner OMV Petrom),” Profit.ro wrote.

On the other hand, the Romanian newswire indicates that the sum of USD 250 million is close to the USD 290 mln reported as losses during 2008-2018 by ExxonMobil Exploration and Production Romania Limited - the Romanian branch of Exxon’s Bahamas firm that owns the stake in Neptune Deep.

[email protected]

(Photo source: Pixabay.com)

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