Expro, a leading provider of energy services has been awarded major contracts from OMV Petrom, totalling more than 10 million USD for the Neptun Deep gas project in the Black Sea, a company press release informs.The contracts involve a series of Expro technology and services to support the project in offshore Romania. The two contracts mark the latest stage in Expro's growth in Romania. Recent investments by the company include opening a new office in Bucharest, setting up a new operational base, and a program to grow its Romanian-based staff."Neptun Deep is an important energy project for Romania. We are proud of being selected to support this important development," said Andrei Ion, Expro Senior Area Manager in Europe, Mediterranean and Caspian.OMV Petrom, which is majority-owned by OMV, with Romania holding a 20.7% stake, announced for the first time in 2012 that it had discovered between 42 and 84 billion cubic metres of gas in the Black Sea. OMV Petrom and the state-owned producer Romgaz, which jointly hold the Neptun Deep project in equal shares, made the investment decision in the Neptun Deep project in 2023.The production from Neptun Deep is expected to be approximately 8 billion cubic metres annually for about 10 years, nearly doubling Romania's gas production.In the coming weeks, Mighty Barents drilling platform will travel 160 kilometres across the sea and begin drilling operations on the ten exploration wells that make up Neptun Deep, one of the most important gas fields in the EU.
Award-winning films or selections from the most important festivals of 2024-2025 will be shown in premiere in Romania at the 24th edition of the Transylvania International Film Festival (TIFF) in Cluj-Napoca between June 13 and 22. Some of the productions were shown at festivals like the ones in Cannes, Karlovy Vary, Venice, San Sebastian, Sundance, […]
George Simion, the leader of far-right party Alliance for the Union of Romanians (AUR) and Bucharest mayor Nicușor Dan, who is running as an independent, are the main favorites to win the upcoming presidential election, according to an IRSOP poll. George Simion would be voted by 31% of Romanians, while Nicușor Dan would receive 28% […]
Romania had in 2024 the highest share of emigrants among EU states, with 24% or 4.6 million people living abroad, as well as one of the highest volumes of remittances relative to GDP, namely 2.8% in 2023, according to an analysis by Alpha Bank. Romanians who left the country sent back around RON 13 billion […]
The third edition of the LYNX Festival, Romania’s first event dedicated exclusively to nature documentaries and photography, will open on June 4 in Brașov with the Romanian premiere of Europe – One Continent, Five Worlds, a sweeping nature series filmed over more than 1,000 days across 30 countries. The festival will run from June 4 […]
The Chinese car company with the largest international presence, Chery, will officially begin selling cars on the Romanian market this year, Profit.ro reported. Its local catalog is to include the Tiggo 8 SUV, the first model officially approved in the European Union, which will soon...
Independent candidate and Bucharest mayor Nicușor Dan, who is credited with a real chance to reach the run-off round of the presidential elections in Romania, said on Tuesday, April 15, that his official Instagram, Facebook, and TikTok accounts were under attack. According to the mayor, thousands of new followers and positive comments have appeared in […]
