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 ...

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 ...

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.

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

OMV Petrom și Romgaz au anunțat marți începerea forajului pentru dezvoltarea și exploatarea zăcămintelor de gaze naturale Pelican Sud și Domino din perimetrul Neptun Deep, situat la 160 de km în ...

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 ...

Overview: OMV Petrom S.A. is an energy company involved in the exploration and production of oil and gas in Southeastern Europe, with a market cap of RON46.42 billion. Operations: OMV Petrom S.A ...

(Alliance News) - Directa Plus PLC on Monday said it has secured a EUR1.6 million contract extension with OMV Petrom SA for the use of Directa's patented Grafysorber technology.

Amsterdam-based DRI, a renewables subsidiary of Ukraine’s DTEK, has signed a PPA with Romanian energy producer OMV Petrom in Romania. Under the terms of the agreement, OMV Petrom will purchase ...