Black Sea Oil and Gas is analyzing the possibility of building an offshore wind farm at the Black Sea, Mark Beacom, CEO of BSOG, told Energynomics.

“We are analyzing this possibility, but we need clear legislation, a predictable and stable horizon,” he said, after the discussions at the Romanian International Gas Conference 2022, an event organized by FPPG.

“The Black Sea has enormous potential and we believe in this potential,” said Beacom. He also said that it is possible for BSOG to increase the current gas production, but decisions will be made following discussions with the government and Transgaz and the certainty of securing the necessary permitting documents.

BSOG is the first company to recently open a new offshore gas route in the shallow Black Sea. The MGD project will supply about 1 billion cubic meters of gas annually, under current conditions.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.