Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Petrom to Invest Up to EU1.2 Billion Per Year by 2014

OMV Petrom SA, Romania’s biggest oil company, plans to invest between 800 million euros to 1.2 billion euros on average per year through 2014 as it seeks to start developing its Black Sea deepwater Neptun block between 2014 and 2016, it said today.

Petrom may also explore “unconventional” opportunities from 2016 and renewable energy opportunities between 2014 and 2016, according to its updated strategy through 2021 sent to the Bucharest Stock Exchange. It may also seek new Black Sea exploration and production opportunities between 2016 and 2021.

The Bucharest-based company said it may assess further infrastructure investments around the Nabucco gas pipeline project and may also explore the development of a potential gas hub from 2016, according to the strategy.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.