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Romgaz, ready to take over offshore drilling project amid unexpectedly high interest of banks

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Romgaz is ready to take over ExxonMobil's share in the offshore natural gas project, and funding that will be a mix of equity and raised money, Romgaz Director General Aristotle Jude told a news conference on Tuesday. " 31, we submitted an offer to take over ExxonMobil's share in the Neptun Deep block. The procedure is carried out by an intermediary bank and we are waiting for the answer as soon as possible. If our bid is considered attractive, we will negotiate the contract to take over," Jude said.
"Romgaz is ready to provide, through a consortium of banks,…

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