DRILLING
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Zeta Petroleum To List Stock In Australia, Use Funds To Drill Romanian Block
Oil company Zeta Petroleum on Tuesday said it intends to float stock in March 2012 on the Australian Stock Exchange, and to draw AU$15 million (EUR21 million) for drilling operations on the...
ExxonMobil Romania To Pay Up To $1.2M For Drilling Services At Black Sea Block
ExxonMobil Exploration and Production Romania will pay between $0.4 million and $1.2 million for drilling services in the offshore Black Sea perimeter it has been exploring together with OMV...
Grup Servicii Petroliere Expands Fleet
Businessman Gabriel Comanescu, owner of the most powerful domestic business in the hydrocarbon drilling industry, took another step in developing Grup Servicii Petroliere (GSP), the jewel of...
Exxon Mobil Expects Neptun Block Development Costs To Reach At Least $3B
The costs of development and production on the Neptun oil block in the Black Sea will range between $3 and $10 billion, if exploration is concluded successfully, Thursday said Ian Fischer, h...
World’s Oil Giants Have Their Eyes Set On Romania
France’s Total, US Exxon and Chevron, as well as Russia’s Lukoil are the oil giants that have in the past year set their eyes on Romania, trying to spot potential hydrocarbon reserves both o...
Romania Romgaz To Pay RON40M For Drilling Services At Five Wells
Romanian natural gas producer Romgaz Medias plans to buy drilling and exploration services worth 39.4 million lei (EUR9.64 million) over four and a half months for five wells in Braila, Suce...