EXPLORATION
30 articole · RSS
Government Extends All Onshore Licenses OMV Got Upon Privatization Of SNP Petrom, Gets 40% Rise In Royalties
Romanian government got a 40% increase in the royalties from its agreements with OMV Petrom (SNP.RO), but the impressive percentage only applies to a meager amount of RON765 million last year.
OMV Petrom Closes Transaction With NewMed Energy To Advance Exploration In Bulgaria's Han Asparuh Offshore Block
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a press statement on March 12 the closing of the farm-down transaction between its subsidiary OMV...
ExxonMobil Ends Year With EUR72M Losses In Romania
ExxonMobil, which signed a deal to explore the deep water sector of the Neptun Block in the Black Sea with OMV Petrom, the only oil and gas producer in Romania in 2008, ended last year with...
Romgaz Looking For Oil In Slovakia
Romgaz (SNG.RO) might expand into oil drilling, after spending more than a hundred years drilling for natural gas only, if the first exploration wells confirm the estimates about the oil dep...
Selischi, OMV Petrom: If Black Sea Goes Ahead, It Will Be Romania’s Biggest Energy Project
This year will be a drilling year, 2016 will be a year of analysis and a plan on how to proceed in the Black Sea will not be devised any sooner than 2017-2018, says Gabriel Selischi, the Rom...
OMV Petrom Reaches Five Natural Gas Exploration Wells In Black Sea
OMV Petrom, the only oil and gas producer in Romania, and its partner, US ExxonMobil, have reached five exploration wells in the Black Sea, some completed and others in progress. Each such w...
Romgaz To Step Up Exploration Efforts In 2015
State-run Romgaz (SNG.RO), the largest local gas producer, says it will step up exploration efforts to identify new gas deposits, so it will drill 40 exploration wells this year, double as m...
Lukoil To Spend At Least Another $200M On Black Sea Exploration Drilling in 2015
Lukoil Overseas, the international exploration and production division of Russia’s oil group Lukoil, says it plans to spud two new wells in the Trident offshore block, one of the two it leas...
Shell And Turkish Petroleum Start Exploration Drilling In Western Black Sea
Shell and Turkish Petroleum will start exploration activities in January in the western Black Sea, near the area where Exxon and OMV made a considerable gas discovery in 2012.