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Romania News

Romania: Romgaz to Pay Up to $1.07B for Exxon's Black Sea Gas Project Stake

Nov 03, 2021

Romanian state-owned gas producer Romgaz will pay up to $1.07 billion to Exxon Mobil for its 50% stake in a Black Sea offshore gas project, the company said.The other half of the long-delayed Neptun Deep offshore project is owned by Romanian OMV Petrom鈥

BSOG Installs Ana Platform in Black Sea, 云顶赌场老虎机 Romania

Sep 22, 2021

Romanian oil and gas company Black Sea Oil & Gas has said it has installed the Ana offshore production platform in the Black Sea. According to BSOG, this is the first offshore platform built and installed in Romania in the past 30 years.Following鈥

Autonomous Future: Ocean Infinity Buys Red Rock

Oct 12, 2021

Marine robotics company Ocean Infinity has acquired Norway-based company Red Rock, a company providing offshore lifting and handling equipment, as well as AI-supported autonomous equipment and operations.Announcing the acquisition, Ocean Infinity鈥

BSOG Project a Litmus Test for Romanian 云顶赌场老虎机 Gas Investments

Sep 03, 2021

Black Sea Oil & Gas (BSOG) is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains it could impact its operations in the country, its chief executive said鈥

Norway's New 云顶赌场老虎机 Vessel Firm Orders 云顶赌场老虎机 Wind Vessel Trio from Vard

Oct 04, 2021

Norway's Farstad, Volstad, and Kleven have teamed up and formed a new ship-owning company in Norway, called Norwind 云顶赌场老虎机, focused purely on offshore wind.For this, Norwind 云顶赌场老虎机 has already entered into a contract with Vard for the delivery of three vessels by 2024鈥

Prysmian Takes Delivery of High-tech Cable Layer Leonardo da Vinci

Aug 09, 2021

Energy and telecom cable systems company Prysmian Group announced it has taken delivery of the 'unique' and 'record-breaking' battery-hybrid cable laying vessel Leonardo da Vinci. 鈥淟eonardo da Vinci is the most efficient cable layer in the world鈥

VARD Inks $118m Deal for Pair of CSOVs

Aug 06, 2021

Rem 云顶赌场老虎机 and VARD signed contracts for the design and construction of construction service operations vessels (CSOV).Two CSOVs with an option for two additional vessels were ordered by Rem 云顶赌场老虎机 with VARD. Two firm contracts for the firm鈥

Romgaz, ExxonMobil in Exclusive Talks for Black Sea Block Deal

Jun 18, 2021

Romanian oil and gas company Romgaz said Friday it had signed an exclusivity agreement with ExxonMobil, in relation to Exxon's planned sale of rights in an offshore block in the Romanian part of the Black Sea.As previously reported, Romgaz in鈥

EU Approves $21.27B Just Transition Fund

Jun 07, 2021

European Union countries on Monday approved the bloc's flagship fund to wean them off fossil fuels and protect communities most affected, paving the way for members to start receiving the cash.The 17.5 billion euro ($21.27 billion) Just Transition鈥

Solstad 云顶赌场老虎机, Saipem Settle Vessel Contract Termination Fee Dispute

May 20, 2021

Norwegian offshore vessel operator Solstad 云顶赌场老虎机 said Thursday it had reached a settlement deal with the Italian offshore services firm Saipem over a fee for early contract termination for the Normand Maximus vessel.As reported in September 2020鈥

Romgaz Bids to Buy Exxon's Romanian Subsidiary

Apr 01, 2021

Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil's Romanian subsidiary holding a share in an offshore block in the Black Sea.ExxonMobil Exploration and Production Romania Limited holds a 50 percent stake in the XIX Neptun Deep Block in the Black Sea鈥

Two Die, Ten Rescued as Russian Cargo Ship Sinks in Black Sea, Off Romania

Mar 11, 2021

Two people died and ten were rescued after the Russian cargo ship Volgo Balt 179 sank in the Black Sea off Romania early morning on Thursday, according to reports from Romania.Romanian offshore services company GSP 云顶赌场老虎机 said that its GSP鈥

Romania's OMV Petrom Takes Hold of 云顶赌场老虎机 Block in Georgian Black Sea

Mar 11, 2021

Romanian oil and gas company OMV Petrom has signed the production sharing contract for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.OMV Petrom won in June 2020 the international tender organized by the Ministry鈥

Norway's Oil Fund Should Invest in Fewer Companies, Gov't Says

Apr 09, 2021

Norway's $1.3 trillion wealth fund, the world's largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small-cap stocks, the finance ministry proposed on Friday鈥

Romania: BSOG to Start Gas Production from $600M Black Sea Project in November

Feb 24, 2021

Romania-based Black Sea Oil & Gas (BSOG) will begin extracting natural gas from its $600 million offshore Romanian project in November, its chief executive said on Tuesday, but added further progress hinged on scrapping a disputed tax.The additional鈥

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