OMV Petrom, a subsidiary of Austria’s OMV ... Earlier, OMV noted a special role of gas from Neptun Deep as an alternative to Russian gas. Russia’s National Wealth Fund totals almost 12 ...

as Europe seeks new ways to boost energy security after cutting ties with Russia. February 1, 2024 OMV Petrom ups investment, focus on Black Sea gas, renewables Romania's OMV Petrom will ramp up ...

BUCHAREST, - Drilling at Romania's Neptun Deep offshore gas project began in the Black Sea on Sunday, its owners said on Tuesday, putting one of the EU's largest gas deposits on track for production ...

OMV Petrom and Romgaz have spud of the first well for development and production of the Pelican South and Domino natural gas ...

Around two-thirds of Hungary’s gas imports come from Russia, but the country ... The project is being jointly implemented by OMV Petrom and Romgaz, with each company holding a 50% stake.

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black ...

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has closed the farm-down transaction with NewMed ...

MOSCOW, July 9. /TASS/. Austrian energy group OMV will continue to buy Russian gas under its long-term supply contract despite sanctions, Chief executive Alfred Stern said in an interview with the ...

Neptun Deep will double Romania's gas production and likely turn it into a net exporter, the energy ministry has said, at a time when the European Union is weaning itself off Russian gas.