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 largest company listed on the Bucharest capital market.
Law firm Filip & Company has assisted Fondul Proprietatea in selling its entire stake, consisting of 1.777.067.726 ordinary shares, held in OMV Petrom (SNP.RO) through an accelerated private placement set off on Tuesday (Dec 13).
Fondul Proprietatea (FP.RO) sold its 2.8% in OMV Petrom (SNP.RO) in an about RON764 million transaction or RON0.43 per share, thus exiting the shareholder structure of the largest company on the Bucharest Stock Exchange, the Fund announced on Wednesday.
OMV Petrom and Romgaz submitted the statement of commercial discovery for the Neptun Deep block with Romania’s national agency for mineral resources ANRM, market sources said. The statement is important in the final decision-making process about an investment, attesting the economic viability of the project.
State-run national pipeline company Conpet Ploiesti (COTE.RO) notified the Bucharest Stock Exchange about the signing of a RON32.2 million contract with OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer.
OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Wednesday (October 12) that it would invest almost EUR130 million in the next three years to build a new unit of aromatic products at the Petrobrazi refinery.
OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE Oltenia), four photovoltaic (PV) parks with a total power capacity of ~450 MW, with investments set to top EUR400 million.
Starting September 2, 2022, OMV Petrom (SNP.RO) will set off the payment of special dividends worth RON2.5 billion to the shareholders registered on August 11, 2022.
OMV Petrom, the largest integrated energy company in South-Eastern Europe, on Thursday (June 30) published the Sustainability Report for 2021.
Romania’s energy ministry on Thursday published a draft government decision stipulating the sale to the employees of energy company OMV Petrom (SNP.RO) of a package of shares representing almost 1% of the company’s share capital that is held by the Romanian State, at a price of RON0.215 per share.
Fondul Proprietatea (FP.RO) an issuer listed on the Bucharest Stock Exchange on Wednesday announced it would launch an accelerated bookbuilding offering of 1.7 billion ordinary shares held in OMV Petrom (SNP.RO), worth about RON800 million at the current trading prices.
Evergent Investments (formerly SIF Moldova), a financial investment company with a capitalization of RON1.25 billion, liquidated its holdings in OMV Petrom (SNP.RO), Alro Slatina (ALR.RO) and Transgaz (TGN.RO) in the third quarter, i.e., in July, August and September, data from the quarterly report published on Monday evening show.
Flaros Suceava (FLAO.RO), a company specialized in leasing spaces, said in a stock market report that it sold shares in OMV Petrom (SNP.RO) and Evergent Investments (EVER.RO) worth RON5.03 million, per calculations by Ziarul Financiar (ZF).
OMV Petrom, the largest energy company in South-Eastern Europe, on Friday reported a 10% decrease in the natural gas production in the third quarter of 2021 compared to the second quarter and a 15% decline compared to the third quarter of 2020.
OMV Petrom (SNP.RO), the largest company on the Bucharest Stock Exchange by capitalization on Friday announced it appointed Alfred Stern, the new chief executive officer of Austria’s OMV group, president of Petrom.
If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be produced four years after that.
OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, Received shareholder approval Tuesday to pay dividends amounting to nearly RON1.8 billion from its 2020 profit and reserves.
NN Group and the pension funds it manages have raised their holding in oil and gas company OMV Petrom (SNP.RO) to 5.03%, Petrom said in a stock market report Thursday.
Media agency Mindshare has taken over the media planning and buying account of oil and gas company OMV Petrom (SNP.RO) on the Romanian market and it will be providing Petrom with consulting and medial strategy services for all media (TV, Online, Print, Radio, Out of Home media).