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Petrom and ExxonMobil to explore in the Black Sea

de A.C.
Miercuri, 3 decembrie 2008, 13:37 English | Top News

Petrom and ExxonMobil signed an agreement that allows them to explore the Romanian continental plateau of the Black Sea. The exploration will be done in the area of Neptun seaside resort, South East Romania, on a 9.900 square km area. The explorations will be directed to the area where the sea reaches its deepest point. In 2009, officials will purchase a huge 3D seismic equipment, a project that will be lead by Petrom.

ExonMobil will finance the biggest part of the works and will offer the needed expertise in the evaluation of the seismic data. The project involves a high technology domain and Petrom will take up the first steps to explore waters with depths of over 100 meters.

Petrom official Johann Pleinninger declared that the agreement with ExxonMobil is an important step and added that the full potential of the Black Sea was never explored in the Romanian area.

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