EXXONMOBIL
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OMV Petrom, ExxonMobil Start Drilling For Black Sea Oil
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania, the local unit of US giant ExxonMobil, have started drilling to extract oil from a joint...
Battle Starts Over Romania’s Resources
ExxonMobil hopes that along with Petrom, Romania’s largest company, it will join the exclusive club of prospectors of the sea depths, through their operations in the Neptun block in the Blac...
Black Gold Rush On Black Sea
The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Pe...
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...
Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed
Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking h...