The European Bank for Reconstruction and Development (EBRD) has provided a 5 million dollars loan to Expert Petroleum to finance the enhancement of Romanian mature oil and gas onshore fields.
The EBRD loan will help Expert Petroleum to optimize its capital structure and invest into energy efficiency upgrade and production enhancement projects. The bank’s investment will contribute to make the oil and gas assets operated by the company safer, cleaner, more productive and more viable for longer time.
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Tags: EBRD, Expert Petroleum, loan, oil, oil production, onshore, Romania