OMV Petrom Says 80% of Contracts for Neptun Gas Project Awarded

OMV Petrom, Romania’s largest oil company, signed an agreement with Transocean Ltd. worth about €325 million for drilling services for its Neptun Deep Black Sea gas project, according to a statement on Tuesday.

• Petrom also says it signed an additional contract of about €140 million with Halliburton Romania for integrated drilling services.
• “With the award of the drilling rig and integrated drilling services agreements, OMV Petrom has now secured more than 80% of the execution agreements required to deliver the Neptun Deep project,” OMV Petrom CEO Christina Verchere says in the statement
  • “Our most important objective is to start ...