Mazarine taking the helm at Black Sea Oil & Gas as Carlyle and EBRD exit

Mazarine Energy has acquired Romania's largest offshore gas producer, Black Sea Oil & Gas (BSOG), with Carlyle and EBRD exiting. The deal is expected to close in Q2 2023, subject to regulatory approvals.

The acquisition will expand Mazarine's portfolio in the Black Sea, with BSOG operating the Midia gas field, which started production in 2022.

This acquisition could have implications for seafarers working in the Black Sea region, potentially affecting career opportunities and job security as the new company integrates operations.