offshore

The largest onshore natural gas field in Europe “sleeps” in Romania. The Ministry of Energy shows how incompetent it is in energy policy

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...

The new offshore law provides additional benefits to investors in the Romanian oil and gas sector

By rbj Law amending and supplementing Law no. 256/2018 on some measures necessary for the implementation of oil operations by holders of oil agreements on offshore oil perimeters entered into force today. The law provides for a set of measures on...

GSP Holding, the largest Romanian company in Southeast Europe in onshore and offshore drilling and construction, has taken over part of the Schlumberger Group

By Constantin Radut The Romanian Competition Council authorized the transaction by which Forasol S.R.L., a member of the GSP Group (Petroleum Services Group), Romania, took over the main business belonging to some companies of the Schlumberger Group. Forasol S.R.L., established in...

GSP – the largest Romanian entrepreneurial business

By rbj Grup Servicii Petroliere – GSP - performs offshore integrated services for the oil&gas industry, Grup Servicii Petroliere – GSP - performs offshore integrated services for the oil&gas industry, according to the information of the company website. GSP operates an...

The changes proposed by the Government to the offshore law encourage energy companies

By Edwig Ban Several companies in the energy sector show that the position of the authorities, considering the modification of the offshore law, is an important step forward in the development of the Black Sea project. "The Black Sea gases are...

OMV Petrom started new drilling campaign in the Black Sea; investments of over 30 million euros

By Edwig Ban OMV Petrom, the largest Romanian energy company, started new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. Two new wells will be drilled by the end of the year, requiring...

Decisive decision for Romania’s energy future: Black Sea Oil & Gas moves forward with the Midia Gas Development Project

By Emea Riga A release announces the important decision taken by Black Sea Oil & Gas SRL to start the works necessary for the exploitation of natural gas in the Romanian Black Sea territorial waters. The BSOG decision will be followed...

Ministry of Energy authorizes the works for gas production in the Midia perimeter, Black Sea

By Emea Riga The Ministry of Energy issued the authorization document for the offshore works required for the production of natural gas in the XV Midia perimeter, operated by Black Sea Oil & Gas, informs the institution. The Authorization Act allows...

Government extends the agreement with ExxonMobil and OMV Petrom for the Black Sea gas in 2045

By Edwig Ban The Government today approved the extension by 2045 of the oil agreement between state and ExxonMobil and OMV Petrom for the Neptun Deep offshore gas perimeter in the Black Sea by 2045. The agreement signed in 2000...

Black Sea Oil & Gas signs EPCIC contract for Midia project with GSP Offshore

By Jerom Bolt Black Sea Oil & Gas (BSOG), operator of the Black Sea Midia block, announced the signing of the framework contractor agreement with GSP Offshore, a company owned by businessman Gabriel Comanescu, BSOG said in a release this...
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Latest News

The Romanian Neptun Deep project in the Black Sea is progressing according to schedule. The Transocean Barents drilling platform will drill the 10 wells...

Bucharest, February 14, 2025 - RBJ - Representatives of the Romanian Government visited the Transocean Barents platform on Friday,...
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National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum

Bucharest, February 14, 2025 - RBJ - In its meeting of 14 February 2025, the Board of the National Bank of Romania decided the...

The first wax paper factory in Eastern Europe opens in Iasi, an innovative solution to reduce plastic consumption

Bucharest, February 13, 2025 - RBJ - Romania opens the first wax paper factory in Eastern Europe, on the Exonia industrial platform in Iasi,...

Klaus Iohannis, the first president in Romanian history to end his term by resigning, a shameful and undignified resignation

Bucharest, February 12, 2025 - RBJ - Today, Klaus Iohannis, the fourth president of the post-communist period of Romania, ended his term by resigning....

Cushman & Wakefield Echinox: Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

Bucharest, February 2025 - RBJ - Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting...