BLACK SEA
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OMV Petrom Starts 3D Shallow Water Seismic Survey In Black Sea
Romania’s dominant oil and gas group OMV Petrom (SNP.RO) has started its first 3-D seismic campaign in the shallow water sector of Neptun block in the Black Sea, the company said in a statem...
ExxonMobil Ready To Spend $1B In January 2013 For Black Sea Operations
ExxonMobil, which is conducting the most extensive deepwater exploration campaign in the Black Sea ever together with OMV Petrom (SNP.RO), is expected to buy about $1 billion in equipment an...
OMV Petrom, ExxonMobil Begin Large 3D Seismic Survey In Black Sea
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania have started a large 3-D seismic survey in the Black Sea, Petrom said in a statement Wedne...
Romgaz Joins Lukoil, Vanco In Black Sea Projects
Lukoil Overseas, a unit of Russian giant Lukoil, Friday said it has signed a deal with Romania’s state-run natural gas producer Romgaz to reassign an 8% share in two oil blocks in the Romani...
OMV Has Great Expectations From Black Sea Concessions
Austrian oil and gas group OMV, the majority shareholder of Romania’s largest company OMV Petrom (SNP.RO), has great expectations from the blocks it prospects in the Black Sea, according to...
OMV To Start New Drilling In Romanian Black Sea In 2013
Austrian oil and gas group OMV next year will start drilling for more hydrocarbon resources at an offshore perimeter in the Romanian Black Sea, an official of the company said Wednesday.
Sterling Resources Sells Portion Of Black Sea Block To ExxonMobil And Petrom
Sterling Resources, an oil and gas company operating in the Black Sea, Friday said it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania and OMV Petr...
OMV Petrom: Gas Extraction In Romanian Black Sea Block Might Start In 2018
Gas extraction in the Romanian sector of the Black Sea is likely to start towards the end of the decade and the gas deposit might eliminate the country’s dependence on gas imports, Mariana G...
Sterling Resources Begins Drilling Well In Romanian Black Sea
Canadian Sterling Resources Friday said it has started drilling operations at its Ioana-1 deepwater well in the Romanian Black Sea.