Competition Council approves takeover of 9 OMV Petrom's licences by Mazarine Energy

Romania's competition authority said on Thursday it has approved the takeover of nine local onshore oil and gas fields belonging to oil and gas group OMV Petrom by Mazarine Energy Romania for an undisclosed sum. "Following a review of the transaction, the Competition Council found that it does not raise significant obstacles to effective competition in the market, in particular by establishing or strengthening of a dominant position," the anti-trust authority said in a ...

Developed by Codecraftsman