Durham, North Carolina--(Newsfile Corp. - June 21, 2023) - The International Society of Automation (ISA) and the ISA100 Wireless Compliance Institute (WCI) announced today that OMV Petrom has won ...

Romanian energy major OMV Petrom has marked its entry into the renewable energy sector by completing two strategic acquisitions. The company has acquired a 50% stake in Electrocentrale Borzești ...

OMV Aktiengesellschaft’s majority owned OMV Petrom SA has taken final investment decision (FID) to build a new plant for production of sustainable aviation fuel (SAF) and renewables-based diesel ...

NewMed Energy LP and OMV Petrom SA have agreed to drill another prospect in the Han Asparuh block on Bulgaria’s side of the Black Sea, after approving their first as new partners in March. They ...

OMV Petrom has said it expected a decision around the middle of this year for the Neptun Deep gas project, estimated to cost around 4 billion euros ($4.32 billion).

As part of its journey to net-zero operations by 2050, OMV Petrom is targeting production of 450,000 tpy of renewable diesel and SAF from sustainable feedstock by 2030 per the operator’s ...

Romania's OMV Petrom will ramp up investments to roughly 8 billion lei ($1.74 billion) a year for the next three years, driven by its Neptun Deep offshore gas project in the Black Sea and ...

OMV Petrom currently holds a 100% stake in the Han Asparuh block, but has agreed to transfer a 50% non-operating interest to NewMed, with the deal expected to close in the first half of 2025.

OMV Petrom, the largest integrated energy producer in Southeastern Europe, signed an EPCC – Engineering & Design, Procurement, Execution & Commissioning – type contract for the Ișalnița ...

OMV Petrom said the transaction is expected to complete in the second quarter of 2024, when the farms will reach the “ready-to-build” phase. The farms, in the Teleorman county, ...

OMV Petrom, an integrated energy producer, has expanded its partnership with Romanian green energy company Renovatio by purchasing a 50% stake in three solar projects totaling 130 MW.

Romanian energy major OMV Petrom has marked its entry into the renewable energy sector by completing two strategic acquisitions. The company has acquired a 50% stake in Electrocentrale Borzești ...