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 ...

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.

Petrom has estimated oil and gas reserves of 1 billion boe, an annual refining capacity of 8 million metric tons and around 550 filling stations in Romania. Austrian OMV, the leading oil and gas ...

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 ...

OMV Petrom și Romgaz au început forajul pentru dezvoltarea și ... contractată special pentru proiect. Halliburton Energy Services Romania și Newpark Drilling Fluids Eastern Europe vor asigura ...