
Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have set their sights on drilling a second exploration well at a block in the Black Sea off the coast of Bulgaria.