Romania Oil & Gas Upstream Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Romania Oil & Gas Upstream Market Companies and Reserves and is segmented by Location (Onshore and Offshore)

Romania Oil & Gas Upstream Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Romania Oil & Gas Upstream Market Size

Romania Oil and Gas Upstream Market - Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 1.00 %
Market Concentration Medium

Major Players

Romania Oil and Gas Upstream Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Romania Oil & Gas Upstream Market Analysis

The Romania Oil and Gas Upstream Market is expected to register a CAGR of less than 1% during the forecast period.

  • Romania is the largest natural gas producer in Central and Eastern Europe, and most of Romania's output is from the onshore fields, and it is likely to dominate the market during the forecast period.
  • The innovation of new technologies allows unconventional drilling that enhances oil & gas production. New business models and services are rapidly evolving and assisting to reduce the cost of operations in upstream oil and gas, which in turn, is promoting the market's growth.
  • The sustained production of oil and gas in the recent past was driving the market for oil and gas upstream in Romania.

Romania Oil & Gas Upstream Industry Overview

The Romanian oil and gas upstream market is moderately consolidated. Some of the key players in this market include OMV Petrom SA, SGS SA, Exxon Mobil Corporation, Romgaz SA, and Foraj Sonde SA Videle.

Romania Oil & Gas Upstream Market Leaders

  1. OMV Petrom SA

  2. SGS SA

  3. Exxon Mobil Corporation

  4. Romgaz SA

  5. Foraj Sonde SA Videle

  6. *Disclaimer: Major Players sorted in no particular order
Romania Oil and Gas Upstream Market - Market Concentration.png
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Romania Oil & Gas Upstream Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Romania Proved Reserves, Oil and Gas, 2018
  • 4.3 Romania Crude Oil Production Historic and Forecast, in thousand Barrels per Day, till 2025
  • 4.4 Romania Natural Gas Production Historic and Forecast, in billion cubic feet, till 2025
  • 4.5 Key Upstream Projects
  • 4.6 Recent Trends and Developments
  • 4.7 Government Policies and Regulations
  • 4.8 Market Dynamics
    • 4.8.1 Drivers
    • 4.8.2 Restraints
  • 4.9 Supply Chain Analysis
  • 4.10 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Location of Deployment
    • 5.1.1 Onshore
    • 5.1.2 Offshore

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 OMV Petrom SA
    • 6.3.2 SGS SA
    • 6.3.3 Exxon Mobil Corporation
    • 6.3.4 Romgaz SA
    • 6.3.5 Foraj Sonde SA Videle
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Romania Oil & Gas Upstream Industry Segmentation

The report on the Romanian oil and gas upstream market includes:

Location of Deployment Onshore
Offshore
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Romania Oil & Gas Upstream Market Research FAQs

What is the current Romania Oil and Gas Upstream Market size?

The Romania Oil and Gas Upstream Market is projected to register a CAGR of less than 1% during the forecast period (2025-2030)

Who are the key players in Romania Oil and Gas Upstream Market?

OMV Petrom SA, SGS SA, Exxon Mobil Corporation, Romgaz SA and Foraj Sonde SA Videle are the major companies operating in the Romania Oil and Gas Upstream Market.

What years does this Romania Oil and Gas Upstream Market cover?

The report covers the Romania Oil and Gas Upstream Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Romania Oil and Gas Upstream Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Romania Oil & Gas Upstream Industry Report

Statistics for the 2025 Romania Oil and Gas Upstream market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Romania Oil and Gas Upstream analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.