First Reserve enters Romanian market though Amromco Energy, plans regional development

First Reserve Corporation has entered the Romanian market through the acquisition of Amromco Energy and plans to expand regionally from Romania, the company has announced. This is a first phase of First Reserve’s plans to build an oil and gas platform in the Central and Eastern European region. The value of the deal has not been disclosed.“We plan to extend the company’s activities in Romania and develop new opportunities to roll out its proven production enhancement model ...

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