OMV PETROM
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British Petrofac To Drop OMV Petrom Partnership In Romania
British company Petrofac has decided to exist a contract signed with OMV Petrom in 2010, which targeted the exploitation of deposits in Ticleni, Gorj county.
OMV Petrom To Turn Part Of Installations At Its Arpechim Refinery Into Crude Oil Warehouse
Romanian oil and natural gas company OMV Petrom (SNP.RO), part of Austrian group OMV, will demolish a part of constructions and installations on the platform of its Arpechim refinery in Pite...
OMV Petrom's Hydrocarbon Output Seen Declining 2-4% This Year
OMV Petrom (SNP.RO) expects its hydrocarbon output to go down 2-4% this year and will revise its investment portfolio to optimize costs and eliminate waste, said company CEO Mariana Gheorghe...
OMV Petrom And Exxon Find New Gas Reserves In Black Sea
OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the B...
OMV Petrom Natural Gas Sales Rose 5% In Q4
OMV Petrom's natural gas sales rose 5% in the last quarter of 2014, to 14.31 TWh, from 13.56 TWh in the last quarter of 2013, and its hydrocarbon output registered slight growth.
Will Dacia Remain Largest Company In Romania By Revenue?
Automobile Dacia became the largest company in Romania by revenue for the first time in 2013, thanks to its 18.4 billion lei sales (EUR4.09 billion). What are the carmaker’s chances of retai...
OMV Petrom To Deliver Gas To Moldova As Of January Through Iasi-Ungheni Pipeline
OMV Petrom (SNP.RO) has signed an agreement with Energocom in the Republic of Moldova and will stat delivering natural gas to Moldova on January 1, through the Iasi-Ungheni pipeline, sources...
Kaufland Overtakes OMV Petrom As Romania’s Biggest Private Sector Employer
Grocery retailer Kaufland beat OMV Petrom (SNP.RO) in terms of personnel numbers for the first time ever and became the biggest private sector employer in Romania. Kaufland had 20,386 active...
OMV Petrom Invests EUR30M To Redevelop Tazlau Oilfield
OMV Petrom, the largest oil and gas producer in southeast Europe, will invest around EUR30 million in 2014–2015 in the redevelopment of the Tazlau oilfield in Bacau county, eastern Romania,...