12.10.2024

Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has signed a contract of over EUR10 million targeting geothermal drilling works for the project "New Headquarters for Dr. Professor more

11.18.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit more

09.19.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a new drilling campaign using a state-of-the-art more

03.06.2024

Construction company Aktor, a member of the Intrakat Group, has officially started drilling works at the first tunnel (Ormeniş) on the Apaţa-Caţa section of the Brasov – Sighisoara railway. more

07.18.2023

Oil drilling company Foraj Sonde Videle (FOJE.RO) has signed a framework contract for onshore drilling with OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer, it said in a report to more

02.14.2023

Onshore drilling company Foraj Sonde Videle (FOJE.RO) notified the Bucharest Stock Exchange about the signing of a contract with OMV Petrom (SNP.RO), the only local oil and gas producer and the more

01.18.2021

OMV Petrom, the largest energy company in Southeastern Europe, initiated a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. The first drilling operations more

10.28.2019

Grup Servicii Petroliere (GSP), the offshore drilling company of Constanta businessman Gabriel Comanescu, has contracts signed for all the major projects in the Black Sea and hopes to end the year more

07.16.2019

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07.01.2019

OMV Petrom (SNP.RO),the largest Romanian energy company, started new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. Two new wells will be drilled by the end of more

08.03.2018

Black Sea Oil & Gas SRL (“BSOG”) and its co-venture partners have completed a two-well exploration drilling program in the XV Midia block, offshore in the Black Sea, but the gas discoveries were more

09.18.2017

OMV Petrom, the biggest crude oil and gas producer in southeast Europe, on Monday announced the start of a new drilling campaign in the Black Sea, in the shallow waters of Istria perimeter. more

04.11.2017

Black Sea Oil & Gas and its co-venture partners announced Tuesday the awarding of a contract for the drilling of two offshore exploration wells located in the XV Midia Shallow Block, Romanian Black more

11.04.2016

UK-based mining company Vast Resources, with operations in Romania and Zimbabwe, announced the start of a drilling program to confirm the mineral resource and provide material for metallurgical more

06.01.2016

OMV Petrom, the largest oil and gas group in Romania, went through a profound change of revenue structure last year, when its gas stations became the main revenue and profit generator, while the oil more

10.09.2015

OMV Petrom (SNP.RO) is auctioning a drilling contract worth up to $121 million, to dig out the oil and gas reserves buried deepest underground. more

08.28.2015

Grup Servicii Petroliere (GSP), the flagship company of the Upetrom group of Constanta businessman Gabriel Comanescu, returned to profit in 2014 from 163 million lei (EUR37 million) loss in 2013. more

06.16.2015

Romgaz (SNG.RO) might expand into oil drilling, after spending more than a hundred years drilling for natural gas only, if the first exploration wells confirm the estimates about the oil deposits in more

04.29.2015

State-run Romgaz (SNG.RO), the largest local gas producer, says it will step up exploration efforts to identify new gas deposits, so it will drill 40 exploration wells this year, double as many as in more

04.01.2015

Lukoil Overseas, the international exploration and production division of Russia’s oil group Lukoil, says it plans to spud two new wells in the Trident offshore block, one of the two it leases in more

01.06.2015

Lukoil Overseas, the international exploration and production unit of the Russian oil group Lukoil, will soon complete the drilling of its first exploration well in the Est Rapsodia offshore block. more

12.23.2014

U.S. Weatherford group, an oil and gas industry equipment and service business, might sell one of its companies in Romania, Foserco Targu Ocna, which specializes in onshore drilling. more

12.22.2014

Romanian antitrust authorities have fined oil drilling companies Dafora Medias, Upetrom 1 Mai, Foraj Sonde Craiova and Foraj Sonde Targu-Mures a total of EUR3 million for rigging auctions for drilling more

07.23.2014

Serbian oil company NIS Petrol, a unit of Russia’s Gazprom, will “soon” commence drilling operations at its onshore concessions in Timis county, western Romania, the company said Wednesday. more

07.21.2014

ExxonMobil Exploration and Production Romania, part of U.S. oil group ExxonMobil, and OMV Petrom, part of Austria's OMV, start deep-water drilling at the Domino-2 well in the Neptun Black Sea block, more