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Carlyle's Romanian energy unit approves $400MM FID
Black Sea Oil & Gas, owned by The Carlyle Group’s International Energy Partners and the European Bank for Reconstruction and Development, agreed to a $400 million final investment decision on Feb. 7 to develop the Midia gas project offshore Romania, the first Romanian offshore gas project in 30 years. BSOG owns 65% of the project, which contains the XV Midia Shallow block and XIII Pelican block concessions, with 20% partner Petro Ventures Resources, also of Romania, and the unit of......
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