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Christina Verchere: OMV Petrom Wants To Continue Neptun Deep Project
Energy · ZF Power Summit 2020

Christina Verchere: OMV Petrom Wants To Continue Neptun Deep Project

OMV Petrom wants to continue the Neptun Deep project in the Black Sea, but the company needs a friendlier fiscal-legislative framework, which entails changes to the Offshore Law to eliminate...

Ecaterina Craciun · 17.02.2020 · 13:14 · 1 min
Five Investors Seek to Enter Exxon’s Data Room for Sale of Black Sea Gas Project
Energy

Five Investors Seek to Enter Exxon’s Data Room for Sale of Black Sea Gas Project

The topic of the beginning of the year on the energy market is the intention of US-held Exxon to sell its 50% stake in the Black Sea gas project, where it has invested $1.5 billion together...

Loredana Frățilă-Cristescu · 08.01.2020 · 09:00 · 1 min
Rompetrol Well Services Expands Range Of Oil Well Services In The Black Sea
Companies

Rompetrol Well Services Expands Range Of Oil Well Services In The Black Sea

Rompetrol Well Services (RWS) resumed and expanded the range of oil well services provided for upstream operations in the Black Sea through the recent contribution to the extensive decommiss...

Ecaterina Craciun · 05.12.2019 · 17:31 · 1 min
OMV Petrom Invests EUR30M in New Drilling Campaign in the Black Sea
Companies

OMV Petrom Invests EUR30M in New Drilling Campaign in the Black Sea

OMV Petrom (SNP.RO),the largest Romanian energy company, started new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. Two new wells will be drilled by t...

Oana Gavrila · 01.07.2019 · 14:39 · 1 min
Christina Verchere, OMV Petrom CEO: We Need Solid Guarantees to Start Black Sea Gas Drilling
Energy

Christina Verchere, OMV Petrom CEO: We Need Solid Guarantees to Start Black Sea Gas Drilling

The natural gas project in the Black Sea is extremely valuable, but solid guarantees, predictability and fiscal and legislative stability are needed for it, says Christina Verchere, CEO of O...

Loredana Frățilă-Cristescu · 05.06.2019 · 09:00 · 1 min
Petrom: Legislative Environment Fails To Provide Necessary Premises For Neptun Deep Investment Decision
Companies

Petrom: Legislative Environment Fails To Provide Necessary Premises For Neptun Deep Investment Decision

The current legislative environment does not provide the necessary prerequisites for a multi-billion investment decision regarding Neptun Deep natural gas perimeter, OMV Petrom said Friday i...

Ecaterina Craciun · 03.05.2019 · 12:27 · 1 min
OMV Petrom: Legislative Environment Fails To Provide Necessary Premises For Black Sea Investment Decision
Companies

OMV Petrom: Legislative Environment Fails To Provide Necessary Premises For Black Sea Investment Decision

The current legislative environment does not provide the necessary prerequisites for a multi-billion investment decision regarding Neptun Deep natural gas perimeter, OMV Petrom said Wednesda...

Ecaterina Craciun · 06.02.2019 · 11:19 · 2 min
Romania Extends Agreement With ExxonMobil And OMV Petrom By 15 Years, Until 2045
Companies

Romania Extends Agreement With ExxonMobil And OMV Petrom By 15 Years, Until 2045

Romania’s Government on Wednesday approved a decision extending by 15 years, until 2045, its agreement with ExxonMobil and OMV Petrom on the Neptun Deep natural gas perimeter in the Black Se...

Ecaterina Craciun · 31.01.2019 · 10:03 · 1 min
OMV Puts Off Decision On Black Sea Offshore Investments Until 2019
Energy

OMV Puts Off Decision On Black Sea Offshore Investments Until 2019

Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the Romanian government took too long to set the framework condit...

Ecaterina Craciun · 25.10.2018 · 11:41 · 1 min