Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Twenty-one frontier wells are expected this year — up from 19 in 2024 — with 11 of these targeting frontier basins, whilst ...

The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales ...