Black Sea Oil & Gas SRL, wholly owned by Carlyle International Energy Partners, is a Romanian-based independent oil and gas company, targeting exploration and development of conventional oil & gas resources. The company’s current portfolio is made up of XV Midia Shallow Block and XIII Pelican Block concession in the Romanian Black Sea where it is the operator and holds a 65% interest.
The company is looking to fulfil its mandate of developing its existing discoveries (Ana and Doina) in the Black Sea, undertaking further exploration and appraisal activities in the Black Sea and pursuing further opportunities in Romania as well as in the region.
BSOG intends to implement the Midia Gas Development Project (the MGD project), consisting of five offshore production wells, a subsea gas production system, an offshore production platform, a 125 km offshore and onshore gas transmission pipeline and an onshore gas treatment plant. Once all the approvals required to develop the MGD project are in place then it will take a further 2 years to build the offshore platform, drill the development wells, lay the offshore and onshore pipelines and construct the gas treatment plant.