WELLS
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Energy
OMV Petrom To Close Down 250 Drilling Wells In 2016
Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, will close down 250 uneconomic drilling wells this year, of the 7,600 available units, while the staff numbers dropped by 1200 compared with end-June 2015 and by 801 since the begi...
Energy
Grup Servicii Petroliere To Drill For Oil In Greek Waters
Grup Servicii Petroliere (GSP), the offshore drilling company of Upetrom group owned by businessman Gabriel Comanescu, won a contract to drill four wells for Greece’s Energean Oil&Gas.
Energy
Petrom: Our Biggest Wells Are In The Black Sea
The biggest of the 9,000 wells that OMV Petrom (SNP.RO) drills in 240 commercial oil and gas fields can be found in the Black Sea, an area that already generates 20% of the company’s hydroca...