Oil & Gas Contracts
The allocation of operating obligations, costs and risks matters throughout the life of an oil and gas venture. We draft and negotiate the contracts that sit on top of Romanian petroleum agreements and gas market rules.
Updated 28 October 2026 · General information, not legal advice
What the work covers
Joint operating agreements
AIPN-based JOAs adapted to Romanian petroleum agreements.
Farm-ins and transfers
Farm-in agreements and transfers of participating interest.
Gas sales
Gas sale and purchase agreements, including EFET-based terms.
Services
Drilling, transport, storage and processing contracts.
- State approvals. Transfers under petroleum agreements require ANRM approval.
- Market rules. Gas sales may be subject to ANRE trading and transparency rules.
- Decommissioning. Abandonment liability should be clearly allocated.
- Contract drafts and mark-ups
- Approval roadmap
- Risk allocation memo
Can a participating interest in a Romanian petroleum agreement be transferred?
Yes, with ANRM approval and, depending on the agreement, approval by government decision.
Which law governs Romanian gas sale agreements?
Usually Romanian law for domestic sales, though parties to international supply contracts often choose another law.
Tell us the decision you need to make
Describe the transaction or regulatory issue, the Romanian assets involved and your timetable.
Consultation