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Results 126 - 137 from 137 for "sea"

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  • Lukoil To Invest $1.5B In Romania Black Sea Blocks If Prospecting Successful

    10.20.2011

    Russian oil giant Lukoil will invest around $400 million in hydrocarbon prospecting at the Romanian Black Sea platform, with another $1.5 billion available for further works if discoveries are made, more

  • OMV Petrom, Exxon To Drill First Wells In Black Sea This Winter

    10.20.2011

    Romanian dominant oil company OMV Petrom (SNP.RO) and US giant Exxon Mobil are scheduled to start drilling in the Black Sea this winter, while the first data on possible oil and gas discoveries will 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

  • Lukoil Accepts Black Sea Challenge, Earmarks $300M For Exploration

    10.06.2011

    The depths of the Black Sea lure another major oil company after Petrom and ExxonMobil, as Russian-held giant Lukoil announces it is ready to invest up to $300 million in exploration. The Black Sea more

  • Romania Boasts Second Highest Wheat Production Growth Among Black Sea Countries

    08.24.2011

    Romania ranks second in terms of wheat production increase in 2011 among countries bordering the Black Sea. more

  • Hotel Room Occupancy Rate On Romanian Black Sea Coast Hits Almost 100%

    08.06.2011

    The hotel room occupancy rate on the Romanian Black Sea coast has increased to almost 100% at the end of the week, association for tourism development Litoral - Delta Dunarii said in a press release more

  • Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed

    07.22.2011

    Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking more

  • Sterling Resources Plans To Invest $500M In Black Sea Blocks

    06.23.2011

    Canadian Sterling Resources needs to invest some $500 million in its Midia and Pelican blocks in the Romanian shelf of the Black Sea, and the money can be obtained without any problems, Sterling more

  • Black Sea Coast City Halls To Finance Public Order, Lifeguard Services - Draft

    05.22.2011

    Public order and lifeguard services, as well as water supply and sewerage system work on the Romanian Black Sea Coast will no longer be financed from the state budget, according to a draft emergency more

  • About 20,000 Tourists Spend May 1 Weekend On Romanian Black Sea Coast

    04.30.2011

    About 20,000 tourists are spending the May 1 weekend, which marks the opening of the summer season, on the Romanian Black Sea coast, according to estimations of the country’s tour operators’ more

  • Sterling Resources Deplores Romania’s Opaque Drilling Permission System

    04.28.2011

    Canadian oil and gas company Sterling Resources on Thursday said it cannot operate in its Black Sea perimeters at the present time, since local authorities are unable or unwilling to issue the more

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