Romania’s OMV Petrom and Israel’s NewMed Energy have signed an $80 million rig contract with Noble Corporation covering the drilling of two exploration wells at a promising block in Bulgaria's ...

Romania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector.

OMV Petrom let a rig contract to drill exploration wells in the Black Sea. The wells will be drilled on 1-21 Han-Asparuh block.

OMV Petrom and NewMed Energy, the partners in Han Asparuh block in the Black Sea, have hired Noble Corporation’s Globetrotter I ultra-deepwater drillship to drill two exploration wells offshore ...

Romania’s top oil and gas group OMV Petrom and Romgaz Black Sea Limited, a unit of local natural gas producer Romgaz Group, will invest 3.77 billion lei ($870 million/743.5 million euro) in ...

OMV Petrom (BVB: SNP) and Romgaz (BVB: SNG) have commenced infrastructure investments worth EUR 750 million for the Neptun Deep offshore natural gas project in the Black Sea, following the ...

CMA CGM is the latest shipping company to invest in Finnish methane pyrolysis start-up Hycamite. Hycamite is developing a system that can produce hydrogen and solid carbon out of methane emissions ...

OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel's NewMed Energy, have awarded a drillship contract for offshore exploration in the Bulgarian Black Sea to global offshore drilling ...

Ukraine's Naftogaz Group has signed the first agreement with the company SOCAR Energy Ukraine, part of the Azerbaijani SOCAR group, for the purchase of natural gas from Azerbaijan. The gas will ...

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