OMV Petrom anticipates roughly 840 ml euro worth of investments this year
Publicat:OMV Petrom expects its capital expenditures this year to be around 4 billion lei (roughly 840 million euro), with about 75 percent of this amount directed to the Upstream exploration and production sector; the company reported investments worth 1.7 billion lei in H1 2019, according to the financial results released on Wednesday by the Bucharest Stock Exchange. Last year, the company made investments worth 4.29 billion lei, up 44 percent compared to 2017.
"CAPEX (including capitalized exploration and appraisal) is currently anticipated to be around 4.0 bn lei (revised up from 3.7…
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