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Bucharest
March 5, 2021
BUSINESS

PM Ponta encourages Halliburton Co to develop investments in Romania

Prime Minister Victor Ponta encouraged the management of Halliburton Co, one of the world’s biggest suppliers in energy field, to develop investments in Romania, taking into account possible opportunities in oil production from mature fields and in the operations in the Romanian Black Sea area. According to a press release, PM Ponta met last week, at the Victoria Palace, with Halliburton’s president for Eastern Hemisphere, Joe Rainey, with Minister-Delegate for Energy Razvan Nicolescu.
Moreover, PM Victor Ponta appreciated the interest shown by the company and said that ‘we want Romania to become for American companies in the oil industry a regional point of operations for South-East Europe and the Eastern neighbourhood. Halliburton Co is welcome to Romania and we would appreciate its diversification of activities here in the oil and gas industry.’ According to him, President Rainey has voiced interest in the developments in the local energy sector and has unveiled Halliburton’s new investment in Romania.

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