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Results 1 - 18 from 18 for "drilling"

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  • Chevron Romania: Banning Shale Gas Drilling Means Having A Better Alternative

    04.29.2012

    US oil group Chevron is allowed for a 30-year period to explore, develop and drill for shale gas on three Black Sea blocks, according to the agreements sealed between the Romanian state and Chevron, more

  • Grup Servicii Petroliere Inks Deal To Drill In North Sea

    03.09.2012

    Romanian Grup Servicii Petroliere (GSP) signed two contracts with Dutch Wintershall Noordzee, for drilling in the North Sea and a pipelay deal, the company said Friday in a news release. more

  • Rompetrol To Resume Oil Drilling In Libya In 1Q 2012

    12.12.2011

    Oil group Rompetrol on Monday announced it plans to resume oil drilling in Libya in the first quarter of 2012, since the political situation seems to have stabilized. more

  • Rompetrol Group Starts Oil Drilling Operations For Petrom

    11.30.2011

    Romanian oil group Rompetrol on Wednesday announced it has started drilling operations, for the first time in Romania, following an investment of $8.5 million. more

  • Rompetrol Drills 2 Wells In Satu Mare Block

    11.22.2011

    Romania’s second largest oil group Rompetrol is drilling two exploratory wells in the northwestern region of Satu Mare, in a total investment estimated at over $5 million, the company said in a more

  • Government OKs Drilling Deal With Moesia Oil And Gas

    11.02.2011

    The government approved a new exploration, development and drilling agreement between local mineral resources manager ANRM and Irish Moesia Oil and Gas, for a block spanning over some 1,000 square more

  • Battle Starts Over Romania’s Resources

    10.28.2011

    ExxonMobil hopes that along with Petrom, Romania’s largest company, it will join the exclusive club of prospectors of the sea depths, through their operations in the Neptun block in the Black Sea. more

  • Black Gold Rush On Black Sea

    10.13.2011

    The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Petrom more

  • Romania Amends Law To Ease Exploration Of Black Sea Blocks

    10.12.2011

    Romania’s government will allow the companies drilling and prospecting underwater on the continental plateau to work without a construction authorization, in a decision that’s relevant for more

  • Zeta Petroleum To List Stock In Australia, Use Funds To Drill Romanian Block

    10.04.2011

    Oil company Zeta Petroleum on Tuesday said it intends to float stock in March 2012 on the Australian Stock Exchange, and to draw AU$15 million (EUR21 million) for drilling operations on the Bobocu more

  • ExxonMobil Romania To Pay Up To $1.2M For Drilling Services At Black Sea Block

    09.06.2011

    ExxonMobil Exploration and Production Romania will pay between $0.4 million and $1.2 million for drilling services in the offshore Black Sea perimeter it has been exploring together with OMV Petrom more

  • Grup Servicii Petroliere Expands Fleet

    08.31.2011

    Businessman Gabriel Comanescu, owner of the most powerful domestic business in the hydrocarbon drilling industry, took another step in developing Grup Servicii Petroliere (GSP), the jewel of the more

  • Exxon Mobil Expects Neptun Block Development Costs To Reach At Least $3B

    08.25.2011

    The costs of development and production on the Neptun oil block in the Black Sea will range between $3 and $10 billion, if exploration is concluded successfully, Thursday said Ian Fischer, head of the more

  • OMV Petrom Awards EUR248M Onshore Drilling Contracts

    08.08.2011

    Romania’s leading oil company OMV Petrom (SNP.RO) has awarded drilling contracts for eight onshore fields worth EUR248 million, value added tax excluded, the company said in a statement Monday. more

  • Romania Adds Five Years To Petrom’s Lease On Neptun Block

    07.20.2011

    The drilling rights of oil company OMV Petrom (SNP.RO) on the Neptun block in the Black Sea have been extended by another five years, according to a Romanian Government decision issued Wednesday. more

  • World’s Oil Giants Have Their Eyes Set On Romania

    06.03.2011

    France’s Total, US Exxon and Chevron, as well as Russia’s Lukoil are the oil giants that have in the past year set their eyes on Romania, trying to spot potential hydrocarbon reserves both on land more

  • Gazprom Neft's Serbian Unit To Drill Oil Blocks In W Romania

    05.25.2011

    Canadian East West Petroleum (EWP), which owns oil drilling rights to four blocks in western Romania, on Wednesday said it has contracted Serbian Naftna Industrija Srbijefor, or NIS, for the more

  • Romania Romgaz To Pay RON40M For Drilling Services At Five Wells

    05.04.2011

    Romanian natural gas producer Romgaz Medias plans to buy drilling and exploration services worth 39.4 million lei (EUR9.64 million) over four and a half months for five wells in Braila, Suceava and more

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