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Repsol exits Romania, OMV Petrom buys its stake in four concessions

Spanish company Repsol, who owned shares in onshore exploration agreements with OMV Petrom, has made its exit from Romania after selling its shares to OMV Petrom, a transaction approved by The National Agency for Mineral Resources (ANRM). OMV Petrom became the sole concession holder and operator of the hydrocarbons exploration perimeter V Baicoi, VII Targoviste, XII Pitesti and XIII Targu Jiu. Repsol ...

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