OMV Petrom, the largest integrated energy producer in Southeastern Europe and operator of the Neptun Deep project, announced that Transocean Barents, the semi-submersible mobile offshore drilling unit contracted for Neptun Deep, arrived in Constanta, https://ceenergynews.com/ reports. “The arrival of the rig marks an important step in our journey to develop the first deep offshore gas project in Romania, together with our partner Romgaz,” said Christina Verchere, CEO of OMV Petrom. “Neptun Deep is a strategic project for Romania and the EU. It will contribute to the country’s energy independence and economic growth. Our focus is on the safe and efficient completion of the project as we move towards first gas.” Transocean Barents safely reached Constanta after a voyage of 18 days: she departed from Cartagena, Spain at the end of October and passed under the Bosporus Strait bridges, which required the laydown of the derrick, a world first for Transocean and this type of rig. Prior to her departure from Cartagena, the Transocean Barents underwent major structural modifications and upgrades to enable the tilting operation of the derrick. In total, it took around 750,000 man-hours and 8 months to prepare the Transocean Barents for her voyage into the Black Sea. “The rig underwent a complex preparation process,” added Cristian Hubati, member of the OMV Petrom Executive Board, responsible for the Exploration and Production activities. “Essentially, the derrick which weighs around 220 tons was lowered on to the deck to allow passage under the bridges in the Bosporus Strait. The crew will now perform the reverse operation and prepare the equipment for drilling so that we can start operations safely in 2025.” The Neptun Deep project is developed by OMV Petrom and Romgaz with each company having a 50 per cent participating interest in the project. The investments necessary for the development phase are overall up to 4 billion euros. The total production is estimated at around 100 billion cubic metres of natural gas. The first gas is expected in 2027. (Photo:https://financialintelligence.ro/)
The third breast milk bank in Romania has opened at the Sibiu County Hospital, following a RON 13.5 million (about EUR 2.7 million) investment aimed at modernizing the hospital’s neonatology department. The modernization project, financed through the National Recovery and Resilience Plan, included the replacement of old equipment, a 20% increase in the number of […]
President Nicuşor Dan stated on Wednesday, July 30, in a press conference that the current system, which allows magistrates to retire under the age of 50 with a pension higher than their salary, is absurd. He also criticized the Superior Council of Magistracy, or CSM, for the current “disorderly” state of the Romanian justice system. […]
Forty Romanian firefighters and eight fire trucks left for Greece on Wednesday, July 30, to participate in firefighting missions, the General Inspectorate for Emergency Situations said. Between August 1 and September 15, Romania will take part in the Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) program aiming to support the Greek […]
Integrated facility and property management services provider Nazca has opened its first office outside Italy, its domestic market, in Bucharest. Nazca expects revenues of over EUR 1 million next year in Romania, and in the next 3 years, the growth plan aims to reach EUR 10 million, with target sectors being office buildings, retail, industrial […]
The 19th edition of TIFF Sibiu, one of the local editions of the Transilvania International Film Festival (TIFF), the largest film event in the county, will present a program of international films and the latest productions by Romanian fillmakers, who will attend the event. The festival takes place between August 7 and August 10, with […]
Moldovan carrier Flyone will add a route between Bucharest and Munich starting in October. The flights to Munich will be operated on Mondays, Wednesdays, and Fridays. This adds to the flights it has connecting the Romanian capital to Tel Aviv, Brussels, and Verona. With these routes, the airline is responding to the constant demand from […]
