A consortium formed by US based Ameresco and Greece based Sunel will carry out the design and execution of three of the four photovoltaic parks – Rovinari, Tismana 1, and Tismana 2 – with a combined ...

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 ...

Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South and Domino fields within the Neptun Deep block in the Black Sea.

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

Directa Plus subsidiary Setcar signed a 1.59 million-euro ($1.8 million) contract extension agreement with Romanian oil and gas company OMV Petrom, strengthening its strategic partnership in Eastern ...

Jointly owned by oil and gas group OMV Petrom and Romania's state-owned Romgaz, Neptun Deep holds an estimated 100 billion cubic meters of recoverable gas. OMV Petrom is majority-controlled by ...

OMV AG (OMVKY) shares rallied 6.4% in the last trading session to close at $12.19. This move can be attributable to notable volume with a higher number of shares being traded than in a typical ...

"He is committed to modernizing the outdated OMV system to better serve the people and ensure it operates efficiently moving forward," Landry said. For weeks, delays at OMV offices and public ...

Officials hope to select the new system within a month, said OMV Commissioner Bryan Adams, adding that the OMV currently uses an operating system that was built in the 1970s. “It’s a similar ...

VIENNA (Reuters) - The petrochemical plant at Austrian oil and gas firm OMV's Schwechat refinery near Vienna airport broke down on Tuesday, OMV said in a statement, adding that it was working to ...