OMV Petrom, the largest integrated energy company in South-Eastern Europe, and Romgaz, the largest producer of natural gas in Romania, have approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block…
Italian power cable making and installation group Prysmian Group has chosen the name Monna Lisa for the new 171-meter cable-laying vessel that is currently under construction in Romania. The vessel is the sister ship to Prysmian's Leonardo da Vinci cable layer…
Norwind Offshore, an offshore vessel company formed in late 2021 by Norway's Farstad, Volstad, and Kleven to be focused purely on offshore wind, has taken delivery of the first of four Commissioning Service Operation Vessels (CSOVs) built by Vard…
Norwegian shipbuilder VARD has won a contract for the design and construction of two offshore wind Commissioning Service Operation Vessels (CSOVs) from UK-based Purus Wind. Purus Wind will have the option to order two more vessels.The two CSOVs…
Romania's gas pipeline operator will build a new pipeline worth an estimated 500 million euros ($529.30 million) meant to bring offshore Black Sea gas to the national grid once the two gas producers make a final investment decision, Prime Minister Nicolae Ciuca said on Thursday…
Vard's shipyard in Tulcea, Romania, on Wednesday held a keel laying ceremony for the Prysmian Group's newest cable laying vessel.The new 171-meter vessel, an identical sister ship to the state-of-the-art Leonardo da Vinci delivered in 2021, is scheduled to start commercial operation in early 2025…
Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group is prevented from increasing gas production at its offshore project due to higher taxes and regulation, its chief executive said on Tuesday. BSOG launched Romania's…
Potential extractions from a long-awaited deepwater gas field in the Black Sea could mean countries in the region can finally cut their dependency on Russian energy, Romania's foreign minister said on Friday.Romanian oil and gas group OMV Petrom said on Feb…
Shipbuilder and designer Vard, part of Fincantieri, said Friday that it had secured a contract to design and build a cable laying vessel for NCT Offshore in Denmark.The VARD 9 01 design vessel is designed by Vard Design in Ålesund, Norway. The hull will be built at Vard Tulcea in Romania…
Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…
Romanian oil and gas group OMV Petrom is sticking for now to a price estimate of 2 billion euros net for its pending Black Sea offshore gas project, although it is reassessing the costs, its chief executive said on Tuesday. 'We're working through…
Norwegian offshore vessel owner Rem Offshore has secured a charter contract with ASSO Subsea for its newbuild CSOV Rem Power.The vessel will support the construction phase of offshore wind farms, providing welfare and transfer services to personnel…
Romanian oil and gas group OMV Petrom is 'closer than ever' to starting construction of its Neptun Deep gas project, its chief executive said on Thursday of the Black Sea resources she says are key to the country's energy security. The company…
Under an EU-backed scheme, Bulgaria will see a 5 MW floating wind turbine demonstrator installed off its coast in the Black Sea within the next two years, as part of the Black Sea Floating Offshore Wind (BLOW) project. The project, which will see the turbine connected to an offshore gas platform…
Romanian gas producers OMV Petrom and state-owned Romgaz filed paperwork on Tuesday that edged them closer to the extraction of a long-awaited deepwater gas field in the Black Sea, Petrom said.The two companies jointly own the Neptun Deep offshore project…
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