Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South ...
NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black ...
February 4, 2025 Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted ...
The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027. SNGN Romgaz SA and OMV Petrom SA have ...
OMV Petrom and Romgaz have spud of the first well for development and production of the Pelican South and Domino natural gas ...
OMV Petrom și Romgaz au început forajul pentru dezvoltarea și exploatarea zăcămintelor de gaze naturale Pelican Sud și Domino din perimetrul Neptun Deep, situat la 160 de km în largul Mării Negre.
Neptun Deep is the largest natural gas project in the Romanian Black Sea. OMV Petrom has let contracts totaling more than $10 million to Expro for the Neptun Deep gas project in the Black Sea.
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