As the largest integrated energy Company in Southeastern Europe, OMV Petrom continued to act along the entire energy value chain: from exploration and production of oil and gas to refining and fuel distribution, and further on to power generation and marketing of gas and power.
The Company provides energy to meet the needs of day-to-day modern life. We are one of the largest taxpayers and private investors in the country and we are aware of our role for the communities where we operate.
In 2022, OMV Petrom Group reported sales revenues of RON 61.3 bn, with a CAPEX of RON 3.6 bn. The Group’s integrated business model, with its business segments, ensures its financial resilience in a volatile context, as well as an uninterrupted supply of energy to society.
Exploration & Production
- In Exploration & Production (E&P), OMV Petrom is present in Romania, Bulgaria and Georgia. The main E&P activities in Romania occur within six domestic assets operating 150 commercial oil and gas fields, including onshore and shallow offshore exploration & production as well as deep offshore exploration
- At the end of 2022, our portfolio consisted of 380 mn boe proved oil and gas reserves while hydrocarbon production reached 43.49 mn boe, including 2.91 mn tons of crude oil and natural gas liquids and 3.45 bn m³ of natural gas
Refining & Marketing
- The Petrobrazi Refinery is located in Prahova County, Romania and is operated as part of our downstream operations. The refinery has a capacity of 4.5 mn tons per year and can process the entire Romanian crude oil production of OMV Petrom
- Our retail business included a total of 780 filling stations located in Romania, Moldova, Bulgaria, and Serbia, operating under two brands: Petrom and OMV
- The R&M segment sales of refined products (including third-party acquisitions) reached 5.52 mn tons in 2022, of which 3.04 mn tons were retail sales
Gas & Power
- Our Brazi Combined Cycle Power Plant (CCPP) is a gas-fired power plant with a capacity of 860 MW, located near Petrobrazi Refinery
- During 2022, the G&P segment sold 46.1 TWh of gas (including 35.8 TWh to third parties) and CCPP generated a net electrical output of 5.0 TWh, a record high since the start of operations in 2012