OMV Petrom anticipates roughly 840 ml euro worth of investments this year

OMV Petrom expects its capital expenditures this year to be around 4 billion lei (roughly 840 million euro), with about 75 percent of this amount directed to the Upstream exploration and production sector; the company reported investments worth 1.7 billion lei in H1 2019, according to the financial results released on Wednesday by the Bucharest Stock Exchange.Last year, the company made investments worth 4.29 billion lei, up 44 percent compared to ...

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