OMV Petrom’s Upstream Portfolio Optimization continues Agreement to transfer nine licenses signed with Mazarine Energy

OMV Petrom S.A. (OMV Petrom), the largest energy company in South-Eastern Europe, reached an agreement for the transfer of licenses for nine onshore oil and gas fields in Romania to Mazarine Energy Romania S.R.L., a fully owned subsidiary of Mazarine Energy B.V. (Mazarine Energy).

The transfer of the licenses is being done according to all rights and obligations arising from the Petroleum Law and other related regulations. The transfer is subject to approval by the relevant authorities.

You can find additional details in the enclosed press release.

Agreement to transfer nine licenses signed with Mazarine Energy (PDF, 154,4 KB)