Saipem to Build Infrastructure for OMV Petrom’s Black Sea Project
The Italian Saipem has concluded an EPCIC contract (construction, supply, installation and commissioning) with OMV Petrom for a gas production platform and other infrastructure for the implementation of the largest gas project on the Black Sea shelf in Romania – Neptun Deep, the Italian company said. The platform will be …
OMV Petrom Explores New Oil Fields in Southern Romania
The Romanian OMV Petrom (controlled by the Austrian oil company OMV) has explored new oil and gas fields in the regions of Oltenia and Muntenia in southern Romania. This is stated in a message published on June 13 on the company’s website. Theses OMV Petrom: Collectively, discovered fields contain more …
ExxonMobil: to Sell a Stake in Joint Venture for Gas Production in the Black Sea
US oil and gas giant ExxonMobil has agreed to sell its stake in the development of natural gas fields in the Black Sea. It will be acquired by the Romanian state-owned company Romgaz for $ 1 billion. Exxon Mobil Corp. agreed to sell its 50% stake in the project for the development …
OMV Petrom Divests Production Assets in Kazakhstan
OMV Petrom, the largest energy company in Southeastern Europe, signed the transaction for the sale of its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) in Kazakhstan to MAGNETIC OIL LIMITED. KOM and TOC hold the production licenses for four onshore fields, respectively Komsomolskoe, Aktas, Tasbulat …