By Bevo Beaven, Editor, Oil & Gas 360 Tunisia and Romania oil and gas producer Serinus Energy plc (LSE stock ticker: SENX) has named Judicael Tinss as its new chief operating officer. Tinss has eighteen years of experience in reservoir management and business development in international exploration and production in the United States, West Africa, Middle East and Europe. He
From Reuters Romania’s new energy regulations risk undermining plans by companies to develop big offshore gas projects in the Black Sea, putting billions of dollars of revenue at risk and squandering a chance to challenge Russia’s Gazprom in the region. Oil industry officials have warned the changes, which include a cap on some gas prices for local producers until 2022
From Reuters Romanian-based Black Sea Oil & Gas, controlled by private equity firm Carlyle Group LP, said on Thursday it has decided to go ahead with its $400 million offshore gas project in Romania, the first such project to be developed in 30 years. The Midia Gas Development Project will extract an estimated 10 billion cubic meters of gas some
