International rating agency S&P announced it would carry out its first review of Romania's rating on January 24 and another two times later this year in April and October, according to
Black Sea Oil & Gas (BSOG) has completed the installation of the Ana natural gas production platform, approximately 120 kilometers off the Black Sea, in waters with a 70-meter depth, the company announced in a press release sent on Wednesday.The Ana natural gas production platform is the first built and installed in Romania in the last 30 years."Ana is a 3,000 tonne natural gas production platform, consisting of a support structure (jacket) that is partially in the water and a set of three decks above the water. The gas from the Ana and Doina deposits is collected and measured on the platform, then sent to shore at the Vadu gas treatment plant through a 16-inch pipeline, over a 126 km distance, of which 121 km of submarine pipeline and 4.5 km of land pipeline. With all the infrastructure now set up, the connection to the installations and the commissioning will take place in the next period, before the drilling campaign expected for November of this year," reads the release.The Midia Natural Gas Development Project ("MGD Project") is 70 percent completed, being the first project of its kind built in the Romanian Black Sea area after 1989. The works consist of digging five production wells (an underwater well at the Doina deposit and four production wells at the Ana deposit) and a submarine production complex at the Doina field, which will be connected by an 18 km pipeline to the Ana production platform monitored and operated from the shore, located on the Ana deposit.Moreover, a 126 km submarine pipeline will transport gas from the Ana platform to the shore, to the new gas treatment plant in Corbu commune, Constanta county.According to the cited source, the estimated production capacity will be one billion cubic meters of gas per year, the equivalent of 10 percent of Romania's gas consumption. The treated gas will be delivered in the National Transport System operated by SNTGN Transgaz SA to the gas measuring station located within the gas treatment station.Grup Servicii Petroliere, the main builder of this first development project for the extraction of new hydrocarbons from the Romanian Black Sea area, owns and operates the most powerful floating crane in the Black Sea basin, GSP Neptun, with a capacity of 1,800 tonnes. The GSP group currently employs more than 2,600 experts and specialists from around the world.Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners and the European Bank for Reconstruction and Development (EBRD), is an independent energy company based in Romania that operates natural gas resources.Currently, the company's portfolio consists of the MGD Project and two natural gas production licenses, the Ana and Doina deposits in the XV Midia perimeter - Shallow Water Zone in which BSOG holds a 70 percent stake.
International rating agency S&P announced it would carry out its first review of Romania's rating on January 24 and another two times later this year in April and October, according to
The Romanian owner of the major local dairy Simultan, Florin Herbai, is in talks about selling the company to a foreign investor, according to Economica.net. "We have been discussing selling [the company] for about eight months....
The National Cathedral will be consecrated on October 26, 2025, in a ceremony led by Ecumenical Patriarch Bartholomew I of Constantinople and Patriarch Daniel of the Romanian Orthodox Church. According to Basilica.ro, the event will commemorate the centenary of the Romanian Patriarchate, marking 140 years since the Romanian Orthodox Church...
More than a dozen individuals, among which bar administrators, bartenders, waiters, and hostesses, have been brought to trial by prosecutors on charges of intoxicating foreign tourists who visited two establishments in the Bucharest Old Town, after which they robbed them or emptied their bank accounts. In total, 16 individuals and two companies have been charged […]
Romanian Major General Florin Barbu is set to take command of the EU’s EUFOR ALTHEA mission in Bosnia and Herzegovina (BiH). As a result, Romania will hold the command of two of the nine military operations and missions conducted under the Common Security and Defence Policy to which it contributes personnel. Aside from holding command […]
The National Chamber Choir "Madrigal – Marin Constantin" will mark Romania's National Culture Day with an extraordinary concert titled MADRIGAL – DESPRE CULTURĂ on Tuesday, January 14, in the Aula Magna of the Patriarchate Palace in Bucharest. Under the baton of conductor Anna Ungureanu, the event will celebrate the richness of Romanian cultural heritage, spanning […]