Mid-February 2024, Foraj Sonde Videle announced the conclusion of a contract with OMV Petrom (SNP.RO), in the amount of $77.9 million, for a six-year period, targeting onshore drilling services.
Foraj Sonde Videle is 87%-owned by businessman Sever Raicu and has a market value of nearly RON158 million. The company’s shares have gained 3.7% so far in 2024, amid deals worth RON832,500, as per stock market data.