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flag OMV Petrom and partners invest over $80 million to drill for oil and gas in Bulgaria's Black Sea.

flag OMV Petrom and NewMed Energy have signed an $80 million contract to drill two exploration wells offshore in Bulgaria's Black Sea, aiming to tap into potential oil and gas reserves. flag This investment aligns with the region's goal of energy diversification. flag Additionally, OMV Petrom and Romgaz received approval to invest over €750 million in pipelines and infrastructure for the Neptun Deep gas project in Romania, enhancing the country's energy security.

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