Tag: Black Sea

RWS expands oil well services for Black Sea operations – Romania, 06 December 2019

Rompetrol Well Services (RWS) said that it has resumed and expanded the range of oil well services provided for upstream operations in the Black Sea through its recent contribution to the decommissioning project of the Gloria platform. RWS completed the works for securing and preserving the wells Full article available for subscribers of Energy NEWS service […]

OMV Petrom ready to resume Black Sea gas project once the obstacles are removed – Romania, 04 December 2019

CEO of the largest Romanian oil and gas company OMV Petrom, a part of Austrian OMV Group, Christina Verchere said that it is ready to invest billions in the Neptun Deep gas project in the Romanian Black Sea once the new Government lifts regulatory barriers that put the project on hold last year. Full article […]

ExxonMobil’s 50 % stake in Neptun Deep valued at 250 million dollars – Romania, 22 November 2019

US energy giant ExxonMobil is accelerating its biggest asset sales in decades with plans to divest up to 25 billion dollars of oil and gas fields in Europe, Asia and Africa. ExxonMobil’s 50 % stake in Romanian offshore perimeter Neptun Deep has an indicated price of around 250 million dollars. Th Full article available for […]