OMV Petrom stock advances its Strategy 2030 with Neptun Deep

Published on 10/05/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OMV Petrom stock is backed by EUR 5.4 billion invested since 2021, while Neptun Deep remains scheduled for first gas in 2027. H1 2026 results add operating context.

OMV Petrom, ROSNPPACNOR9, Illustration mit AI erstellt.

OMV Petrom stock is tied to a transformation program that has already absorbed EUR 5.4 billion since December 2021, with the company targeting EUR 11 billion of investment through 2030. In a September 29, 2026 release, BVB published the company's update on Strategy 2030 and its regional gas expansion.

Neptun Deep keeps its 2027 date

The most important operating milestone is Neptun Deep in the Black Sea. OMV Petrom said the installation of the Neptun Alpha platform and progress on the offshore pipeline and production infrastructure support first gas in the first half of 2027.

The same release places plateau production by the end of Q3 2027 and describes a production period of almost 10 years. The company also plans 2-3 additional exploration wells in Romania and Bulgaria through 2030, giving the project a wider operating role beyond the initial start-up date.

Capital is moving into new energy

OMV Petrom's investment plan extends beyond gas. The portfolio includes the 0.9 GW Brazi gas power plant, more than 1.3 GW of renewable projects and more than 0.3 GW of battery storage capacity, according to the September 29 release linked by BVB.

The company also says its Petrobrazi SAF and HVO unit is designed for annual production of 250,000 tonnes once completed in 2028. The project includes 55 MW of green hydrogen electrolyzers, while the regional electric-vehicle charging network is planned to reach 5,000 points by 2030.

H1 results frame the expansion

For the six months ended June 30, 2026, OMV Petrom reported a Clean CCS Operating Result of RON 3 billion, net income of RON 1.8 billion and capital expenditure of RON 3.7 billion, according to chemXplore. The figures put the investment program alongside a fresh earnings base rather than a strategy statement alone.

Shareholder meeting is scheduled

OMV Petrom has called its Ordinary General Meeting of Shareholders for November 6, 2026, according to the company's investor-relations calendar. OMV Petrom is listed on the Bucharest Stock Exchange under ticker SNP, making Neptun Deep execution and capital allocation the key company-specific checkpoints for the stock.