Romania’s OMV Petrom has yet to make a decision on the future development of the Neptun Deep block in the Black Sea, where partner ExxonMobil is said to be looking to sell its share, writes Anamaria Deduleasa.

Petrom, a subsidiary of Austria's OMV, said in its financial results that it remains “keen to see the Black Sea developed”, and that it is in dialogue with the local authorities over a way forward.