The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027. SNGN Romgaz SA and OMV Petrom SA have ...

February 4, 2025 Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted ...

Amsterdam-based DRI, a renewables subsidiary of Ukraine’s DTEK, has signed a PPA with Romanian energy producer OMV Petrom in Romania. Under the terms of the agreement, OMV Petrom will purchase ...

(Alliance News) - Directa Plus PLC on Monday said it has secured a EUR1.6 million contract extension with OMV Petrom SA for the use of Directa's patented Grafysorber technology. The London-based ...

TASS/. OMV Petrom, a subsidiary of Austria’s OMV, and Romania’s Romgaz have started the spud of the first gas production well at the Neptun Deep field in the Black Sea, the two companies said ...