Tag: OMV Petrom

OMV Petrom signed 5 million euros worth oil platform decommissioning deal – Romania, 23 May 2019

Romanian oil and gas company OMV Petrom announced that it has signed a contract worth 5 million euros with local company GSP Offshore for the decommissioning of its Gloria oil platform in the Black Sea. Last month, Director National Agency for Mineral Resources (ANRM) Sorin Gal said that the Glor Full article available for subscribers […]

OMV Petrom completed modernization of Arad fuel depot – Romania, 21 May 2019

Romanian oil and gas producer OMV Petrom completed the modernization of the Arad fuel depot, the largest in the west of Romania and the second largest in the country, an investment worth almost 19 million euros. The terminal in Arad has a storage capacity of more than 32,000 cubic meters. Radu Ca Full article available […]

OMV Petrom recorded 35 % higher profit in Q1 2019 – Romania, 03 May 2019

The largest Romanian oil and gas company OMV Petrom recorded a net profit in the amount of 242.4 million euros in the first quarter of 2019, 35 % more compared to the same period last year. This increase was backed by an 11 % rise in sales to 1.14 billion euros in the January-March 2019 […]