Much awaited 11th licensing round for oil&gas perimeters finally launched in Romania

July 26, 2019

After approximately 10 years since the last licensing round, the Romanian Agency for Mineral Resources (“ANRM“) launches the 11th bidding round for the concession of 28 exploration, development and exploitation oil&gas perimeters – 22 onshore and 6 offshore (listed in the attached Annex), according to Order no. 273/2019 published on 24 July 2019.

Interested Romanian or foreign entities must submit their bids before the 120th business day, calculated from the business day immediately following the publication of the 11th licensing round announcement in the Official Journal of the EU – this is expected to take place in the following period.

The bids have to be submitted in Romanian language and include the following main information: proposed works schedule, estimation of petroleum reserves to be discovered or promoted, estimation of costs, works phases, estimation on environmental impact and plans for environment restauration, plans for personnel development and transfer of technology.

In order to prepare the bids, interested participants may request ANRM to be granted access to the relevant geologic data based on confidentiality agreement and payment of corresponding fees.

ANNEX – Oil&gas perimeters auctioned in the 11th Licensing Round

No.	Perimeter	Surface	Characteristics
1.	E XI-1 Maramures West	1,004.189 km²	onshore
2.	E XI-2 Transylvania North	1,098.183 km²	onshore
3.	E XI-3 Transylvania East	1,055.755 km²	onshore
4.	E XI-4 Transylvania South	938.478 km²	onshore
5.	E XI-5 Getica West	914.184 km²	onshore
6.	E XI-6 Getica East	985.104 km²	onshore
7.	E XI-7 Moesia 1	971.014 km²	onshore
8.	E XI-8 Moesia 2	968.684 km²	onshore
9.	E XI-9 Moesia 3	902.451 km²	onshore
10.	E XI-10 Moesia 4	976.425 km²	onshore
11.	E XI-11 Moesia 5	888.984 km²	onshore
12.	E XI-12 Moesia 6	1,000.857 km²	onshore
13.	E XI-13 Moesia 7	1,000.236 km²	onshore
14.	E XI-14 Moesia 8	902.1 km²	onshore
15.	E XI-15 Muntenia North East 1	719.584 km²	onshore
16.	E XI-16 Muntenia North East 2	738.317 km²	onshore
17.	E XI-17 Muntenia North East 3	810.199 km²	onshore
18.	E XI-18 Moldavia 1	983.599 km²	onshore
19.	E XI-19 Moldavia 2	961.055 km²	onshore
20.	E XI-20 Moldavia 3	900.12 km²	onshore
21.	E XI-21 Moldavia 4	997.405 km²	onshore
22.	E XI-22 Moldavia 5	653.373 km²	onshore
23.	E XI-23 Black Sea 1	880.581 km²	offshore
24.	E XI-24 Black Sea 2	897.579 km²	offshore
25.	E XI-25 Black Sea 3	801.896 km²	offshore
26.	E XI-26 Black Sea 4	912.165 km²	offshore
27.	E XI-27 Black Sea 5	914.870 km²	offshore
28.	E XI-28 Black Sea 6	867.317 km²	offshore