The contract is worth RON446.78 million (EUR90.4 milion) and was signed for five years with the possibility of an extension if the parties agree, according to the same source.
(English version by Loredana Fratila-Cristescu)
Capital Market
Foraj Sonde Videle Signs EUR90M Contract With OMV Petrom
Oil drilling company Foraj Sonde Videle (FOJE.RO) has signed a framework contract for onshore drilling with OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer, it said in a report to the Bucharest Stock Exchange.