OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum

OMV Petrom has announced that it has reached an agreement for the transfer of 40 onshore oil and gas fields in Romania to Dacian Petroleum, as part of a business transfer arrangement. ”The transfer of rights and obligations under the concession agreements is subject to approval by the relevant authorities, pursuant to the Petroleum Law. The transfer is part of the portfolio optimization program within the Upstream Division of OMV Petrom, ...

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