Romania: Exploration services companies expand to Mediterranean projects

, SEE Energy News

Romanian company Grup Servicii Petroliere (GSP), owned by the Romanian investor Gabriel Comanescu, has been awarded a contract for a provision of profile offshore operations in the continental shelf of Tunisia at Jupiter platform.

Comanescu said that this new contract allows GSP to maintain its presence in the Southern Mediterranean, which is one of the markets of greatest interest to operations which it performs. He added that GSP is very pleased due to restoring contract relation with former partner Numhyd and reminded that the company already participated in offshore drillings conducted on the continental shelf of Tunisia in 2011 and 2012.

GSP’s field of expertize is offshore drilling and construction works for the oil industry. Currently, the company has yearly revenues of about 200 million euros, and operates a fleet of 13 ships and 7 mobile drilling platforms. It bought 6 mobile drilling platforms for 150 million dollars from Romanian oil company Petrom, right after it was acquired by the Austrian OMV Group.

Numhyd’s activities involve exploration and exploitation of oil and gas in Tunisia and Algeria. It is equally owned by two state companies, Tunisian Society of Petroleum Activities (ETAP) and the National Oil Company of Algeria (Sonatrach), transmits