Petrom discusses buying Petromservice

The biggest Romanian company, Petrom, whose majority shareholder is OMV, might buy the biggest domestic supplier of equipment and services for the oil and gas industry, Petromservice, which was founded five years ago by outsourcing the former oil services subsidiary of Petromserv, which was part of Petrom.In early 2006 Petrom extended the contract on service delivery concluded with Petromservice for seven years, the minimum value of the contract being one billion euros.At present ...

Developed by Codecraftsman