Carlyle to Sell Romanian Gas Producer BSOG

Carlyle Group and the EBRD are selling Romanian offshore gas producer Black Sea Oil and Gas to Mazarine Energy. The transaction transfers control of a firm supplying ten percent of Romanian gas needs pending regulatory approval.

Xurve View
Insights:
FILE PHOTO: Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Carlyle Group Inc and the European Bank for Reconstruction and Development will sell Black Sea Oil & Gas to Mazarine Energy, transferring control of a producer supplying 10% of Romania's natural gas needs. The transaction shifts the asset to a former Carlyle portfolio company without disclosing financial terms. The deal highlights ongoing capital flows into European energy infrastructure amid shifting regional supply dynamics.