Black Sea

Bucharest, December 10, 2025 - By extending the current exploration phase within the XIX Neptun perimeter, the deepwater area (“Neptun Deep”), SNGN Romgaz SA continues its firm commitment to invest in exploration activity in the Black Sea. The Romanian Government...

Bucharest, January 10, 2024 - #RBJ (Romanian Ministry of Defense press release) - The Minister of National Defense, Angel Tîlvăr, will sign on Thursday, January 11, together with his Turkish and Bulgarian counterparts, the Memorandum of Understanding regarding the...

Bucharest, June 21, 2023 - OMV Petrom and Romgaz S.A. approved the development plan for the Domino and Pelican Sud commercial natural gas fields in the Neptun Deep perimeter, located in the Romanian territorial waters of the Black Sea....

By rbj In the context of the European energy crisis, caused in particular by the invasion of Ukraine by the Russian Federation, the way each government manages its resources and harnesses its own potential is a measure of its ability...

By Jerom Bolt OMV Petrom, the largest energy company in Southeast Europe, has launched a new offshore drilling campaign in shallow waters in the Black Sea, on the Istria perimeter, the company announced on Monday. The first drilling operations started at...

By Constantin Radut A discovery of natural gas in the Black Sea, announced by Turkey, about three days ago, is making waves in specialized media in Romania. The gas reserve that gas i boasts of discovering in the Black Sea, at...

By Jerom Bolt The state-owned company Romgaz, one of the two largest gas producers in Romania, has planned investments of 15.69 billion lei by 2025, mostly in partnerships on offshore projects in the Black Sea, writes News.ro. The 2020-2025 development strategy...

By Edwig Ban Black Sea Oil and Gas, the only company to make the final investment decision to exploit the Black Sea reserves, maintains its goal of bringing the first gases to shore in 2021. The first gas extraction from the...

By Edwin Ban The Romanian company Romgaz should consider the opportunity to take over ExxonMobil's participation in the Neptun project in the Black Sea, in case the Americans withdraw, the Minister of Economy, Energy and Business Environment, Virgil Popescu, said...

By Edwig Ban After achievement permission from the Romanian authorities, Lukoil, the third investor interested in the Black Sea gas, will start drilling this autumn and will be carried out by a platform of the Italian company Saipem. Italian company Saipem,...