ContractContract Termination Agreement • September 10th, 2021
Contract Type FiledSeptember 10th, 2021Petrofac has exploited the September oil reserves in this area since 2010. After early termination of the contract, oil operations will continue, say representatives of OMV Petrom. The request for early termination of the contract came from Petrofac. Contract with a 15- year visa reviving mature fields of oil exploitation in the area through a redevelopment project. Petrofac has developed production operations and related services, while OMV Petrom remained under the concession agreement holder and holder of oil rights and obligations regulated under the Petroleum Law.
ContractContract Termination Agreement • September 8th, 2021
Contract Type FiledSeptember 8th, 2021Petrofac has exploited the September oil reserves in this area since 2010. After early termination of the contract, oil operations will continue, say representatives of OMV Petrom. The request for early termination of the contract came from Petrofac. Contract with a 15- year visa reviving mature fields of oil exploitation in the area through a redevelopment project. Petrofac has developed production operations and related services, while OMV Petrom remained under the concession agreement holder and holder of oil rights and obligations regulated under the Petroleum Law.