(IN BRIEF) OMV Petrom confirms that the Neptun Deep Black Sea gas development with Romgaz is progressing on schedule, with first gas expected in 2027 and investments estimated at up to EUR 4 billion. As development drilling continues, the company … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged 2043, Anaconda-1 well, Black Sea gas, Christina Verchere, Cristian Hubati, deepwater exploration, Domino field, electricity supply, EUR 4 billion investment, EUR 90 million well cost, Exploration Wells and License Extensions, first gas 2027, fiscal framework, hydrocarbons, natural gas resources, Neptun Deep, offshore energy, OMV Petrom, onshore exploration, Pelican South, production license extension, Romania, Romanian energy sector, Romania’s Largest Energy Investor Progresses Deepwater Projects, Romgaz, royalties, seismic drilling, Taxation
(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged acquisition, Aurel Arion, Christina Verchere, Electrocentrale Borzesti, OMV Petrom, partnership, Renovatio, Romania, sustainability
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