OMV Petrom has said it expected a decision around the middle of this year for the Neptun Deep gas project, estimated to cost around 4 billion euros ($4.32 billion).

R omania's OMV Petrom has signed a pivotal gas supply agreement with Moldova, ensuring a quarter of the latter's annual gas requirements, reported Reuters, citing a top Moldovan energy official.

Romanian oil and gas group OMV Petrom is "closer than ever" to starting construction of its Neptun Deep gas project, its chief executive said on Thursday of the Black Sea resources she says are ...

NewMed Energy and OMV Petrom have agreed to drill another prospect in the Han Asparuh block on Bulgaria's side of the Black Sea, after approving their first as new partners in March.

9 April 2008 – Romanian oil and gas producer Petrom has signed a contract with a consortium formed by General Electric and Metka of Greece, for the construction of a power plant at Brazi, Romania.

Romanian energy major OMV Petrom has marked its entry into the renewable energy sector by completing two strategic acquisitions. The company has acquired a 50% stake in Electrocentrale Borzești ...

Petrom is a special purpose company formed to manage the activities developed in Rabo Branco field, in which it is the operator and now holds 100% stake. Continue Reading.

Petrom SA, OMV AG’s Romanian subsidiary, has let key contracts in its delayed modernization of the 4.5-million tonne/year Petrobrazi refinery in Ploesti (OGJ, June 15, 2009, p. 22). HOUSTON, Apr ...

OMV Petrom said it has taken important steps to increase the share of biofuels. In 2022, Petrobrazi became the first ISCC2-certified refinery in Romania, capable of producing SAF and HVO by co ...

Petrom, the largest oil and gas producer in South Eastern Europe, is introducing the leading Enterprise Resource Planning (ERP) System SAP as its main business software application.

OMV Petrom is hoping for a stable and competitive regulatory and fiscal framework in its home market in Romania to be able to develop a Black Sea economy in the wake of the Covid-19 pandemic.