Announced
Completed
Synopsis
Magnetic completed the acquisition of OMV Petrom's Komsomolskoe, Aktas, Tasbulat and Turkmenoi oil fields. Financial terms were not disclosed. "The decision will allow us to focus on the Black Sea region and continue to build a strong position in the area, in line with our growth strategy. We have already made important steps for expanding our offshore presence in the Black Sea, by entering Bulgaria at the end of last year and by winning an international tender in Georgia this year," Christopher Veit, OMV Petrom Executive Board Member.
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