Foraj Sonde Craiova SA
BBVB:FOSB0.63
RON
0.00
(0.00%)
ISIN
ROFORJACNOR3
Return %
Stock
S&P 500
1Y
35.78
14.20
3Y
51.44
81.12
5Y
272.78
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Victor Constantin
- Full Time Employees
- 264
- Sector
- Industrial services
- Industry
- Contract drilling
- Address
- Craiova Romania
- IPO Date
- Mar 12, 2002
- Website
- craiovadrilling.ro
- Similar Companies
- Business
- Foraj Sonde Craiova SA (BVB: FOSB) is a Romania-based oilfield services contractor specializing in onshore drilling, well intervention, and engineering solutions for the upstream oil and natural gas industry. Tracing its origins to 1958 and headquartered in Craiova, Romania, the company operates as part of the Bega Group, delivering technical drilling and field support services across domestic energy basins as well as international markets throughout Europe, North Africa, the Middle East, and Asia. The company provides an integrated portfolio of oilfield products and services, organized systematically into: onshore exploration, appraisal, and development drilling for shallow, medium, and ultra-deep reservoirs; directional drilling, re-drilling, sidetracking, and workover operations; well completion and stimulation services, including casing cementing, matrix acidizing, hydraulic fracturing, production testing, and downhole logging; well plugging, decommissioning, and abandonment (P&A); drilling fluids management, formulation, conditioning, and real-time computer-assisted mud parameter monitoring; rig maintenance, equipment overhaul, and heavy-haul logistics for oilfield machinery; and oilfield civil engineering, encompassing the construction of access roads, well-pad foundations, electrical transformer and substation installations, and environmental site remediation. In recent operational developments, Foraj Sonde Craiova SA has significantly expanded its contracted backlog through several major multi-year awards and strategic framework agreements with Romania's national gas producer, SNGN Romgaz SA. In 2026, the company secured a two-year contract valued at approximately RON 169 million for preparatory site works, exploratory drilling, and production testing, alongside two four-year framework agreements valued at over RON 252.5 million to deploy drilling rigs and auxiliary surface equipment for deep-well operations up to 4,000 meters. These agreements follow multi-contract service packages finalized in 2025, reinforcing the company's position as a primary drilling contractor for strategic domestic energy initiatives, including high-depth exploration in the Caragele perimeter.