VIENNA Jan 9 Exxon Mobil and
Petrom have started exploratory drilling on Romania's
first deepwater well in the Black Sea, the Romanian group owned
by Austria's OMV said on Monday.
The Domino-1 well is in the Neptun Block, 170 km offshore in
water about 1,000 metres deep, a statement said. Drilling
operations are expected to take about 90 days, it said, noting
such exploratory drilling may or may not result in a discovery.
"Deepwater exploration carries high investment risks and
requires investments of several hundred million U.S. dollars,
yet a potential success would fundamentally change the
perspective of the Romanian energy sector," said Johann
Pleininger, Petrom's exploration and production head.