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Romania's OMV Petrom, GSP Offshore sign 5 mln euro deal for Gloria rig decommissioning

Romania's top oil and gas group OMV Petrom [BSE:SNP] said on Thursday it has signed a 5 million euro ($5.6 million) contract with local company GSP Offshore for the decommissioning of the Gloria offshore platform, seenews.com informs. The platform has reached the end of its economic lifetime limit after more than 40 years in service, OMV Petrom said in a statement. The decommissioning is a complex process, which will be undertaken for the first time in ...

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