OMV Gives Final Investment Decision for Gas Project in Romania

People › Other ♦ Published: June 22, 2023; 10:21 ♦ (Vindobona)

OMV announced the final investment decision by OMV Petrom, the largest integrated energy company in Southeast Europe, for the Neptune Deep natural gas production development project.

Neptune Deep in Romania's Black Sea is set to become one of the largest natural gas projects in the European Union. / Picture: © OMV Petrom - redaktionelle Verwendung honorarfrei

The project in the Romanian part of the Black Sea is set to become one of the largest natural gas projects in the European Union and is an important milestone in Strategy 2030 to strengthen the natural gas supply as an energy source for the energy transition.

OMV Petrom, as an operator, is developing the gas project in a 50/50 partnership with Romgaz, the largest producer and…

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