OMV Petrom, the largest energy company in Southeastern Europe, said Monday its has closed the sale of its production assets in Kazakhstan to focus its regional expansion towards the Black Sea area.
OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe has signed the transaction for the sale of its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) in Kazakhstan to Magnetic Oil Limited.