Petrom – Petrofac to increase production in Ticleni by 50% by 2015

Petrom, the largest company in Romania signed a contract for cumulative production enhancement out of nine onshore fields in Ticleni area by at least 50%, in the next five years. The fields cover around 2.5% of Petrom’s total domestic production.Under the 15-year contract, Petrofac will perform services in the respective fields in order to maximize production while improving operational efficiency. In this view, Petrofac will provide the necessary expertise and technologies as well as the ...

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