exploration
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OMV bets 500m euros on exploration and production
Austria's OMV, the majority shareholder in Petrom, the biggest Romanian company, say that on the long term the group's strategy is to bolster the weight of the exploration and production unit against that of the refining one.
Petrom: Black Sea exploration, 70 times more expensive
Petrom, the petroleum company which has exploration rights over two 14,000 square-kilometre blocks in the Black Sea, says that in some cases costs for extracting deepwater resources can be a...
S&P a acordat KazMunaiGas Exploration Production ratingul "BB plus"
Agentia de evaluare financiara Standard&Poor's (S&P) a acordat, astazi, companiei KazMunaiGas Exploration Production (KMG EP), divizie a KazMunayGas, ratingul "BB plus", pentru datoriile pe...
Petrom to buy exploration blocks from OMV in Bulgaria
Petrom to buy exploration blocks from OMV in Bulgaria
Deal between Americans on exploration segment
Oracle Energy Corp., a Canadian oil and gas company, announced it has completed the acquisition of a 20% stake in six oil and gas concessions in Romania from Carpathian Energy, a North-Ameri...
$10m exploration investments in Moldova
The largest natural gas producer in Romania, Romgaz Medias yesterday signed a contract with Ramco Romania SRL, Europa Oil & Gas (UK) and Millennium International Resources (registered in the...
ARNM counts $370m in oil exploration investments
Oil companies have logged exploration costs worth about 370 million dollars between 1993-2002, with more than $212 million accounting for investments of foreign companies operating in this f...