RBSTA (Romanian Black Sea Titleholders Association) published and overview of most important facts providing clarifications on why the offshore petroleum agreements should be treated separately from a fiscal viewpoint, why stability is essential for investor confidence considering that the life cycle of an offshore concession agreement is of approximately 30 years and what would be Romania’s gain from having the offshore hydrocarbons projects developed.
Go to the RBSTA website to read the overview
The Romanian Black Sea Titleholders Association (RBSTA) is the only association dedicated to the exploration and development of Romania’s Black Sea hydrocarbons resources. RBSTA is formed by titleholders of concessions offshore Romania.
Current titleholders (in alphabetic order) of the Romanian Black Sea concessions represented in the Association are:
Mark Beacom, Director and CEO of Black Sea Oil & Gas SRL and Vice Chairman of RBSTA will be speaking at Black Sea Oil & Gas conference in Bucharest (23th Oct) on how the company is developing its existing assets in the Black Sea and pursuing further opportunities in Romania.
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