Tag: OMV Petrom

Oil royalties paid by OMV Petrom increased by 4 % due to new regulations – Romania, 02 August 2019

CFO of Romanian oil and gas company OMV Petrom Alina Popa said that the oil royalties paid by the company increased by about 4 % as a result of a new regulations published in May, linking the reference price to Brent oil, with some quality adjustments. Regarding the reference price for natural ga Full article […]

OMV Petrom’s net profit rose by 53 % in H1 2019 – Romania, 31 July 2019

The largest Romanian oil and gas company OMV Petrom recorded a net profit increase of 53 % in the first six months of this year, reaching 416 million euros compared to 270 million euros in the same period of last year. In the second quarter, the company reported lower net profit – 173.5 million e […]

GSP signed contracts with Lukoil and OMV Petrom – Romania, 01 August 2019

GSP Offshore, a part of the Romanian oil services group GSP, has signed two large contracts to provide services to Lukoil and OMV Petrom in the Black Sea sea. GSP has signed a contract for integrated drilling services with Lukoil Overseas Atash BV, to explore the Trident perimeter, in the Romania Full article available for […]