The operations and services in question, related to the extraction and production of oil and natural gas, will be outsourced together with their related assets and employees.
The two companies, in consortium, are set to sign an eight-year frame-agreement with OMV Petrom. The deal entails the sale of some assets and lease of others, as well as the transfer of employees. At the end of the contract, some assets would be returned to OMV Petrom.