Petrom signs production enhancement contract

Petrom, Romania's leading oil and gas company, has recently signed a 17-year production enhancement contract for nine onshore fields in the western Arad area, with PetroSantander, a private Canadian company specialising in the operation and rehabilitation of mature fields, the company reports in a press release.Under the contract, the estimated production enhancement is put at 50 percent in the respective fields within five years.The contract covers nine mature fields located in ...

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