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.
Six months into Donald Trump's second mandate as president of the United States, Romanian citizens are among the most pro-Trump Europeans. Most believe that his presidency is a good thing both for the country and for world peace. According to an opinion poll conducted in 12 European countries by the European Council on Foreign Relations (ECFR), 41% […]
Făgăraș Fest 2025, taking place between July 11-13 in the village of Sebeșu de Sus, Racovița commune, Sibiu County, announced its program on Tuesday, June 24. Activities include open-air music, hikes, guided nature tours, debates, and many more. Festival goers will be able to listen to well-known rock bands such as Subcarpați and Vama, and […]
The Romanian Parliament has elected new leaders for its two chambers following the formation of the new government led by prime minister Ilie Bolojan. Sorin Grindeanu, the interim leader of the Social Democratic Party (PSD), was confirmed as president of the Chamber of Deputies, while Mircea Abrudean of the National Liberal Party (PNL) was elected […]
Former tourism minister Elena Udrea received on Tuesday, June 24, approval for conditional release from the commission at the Târgșor women’s penitentiary, where she is incarcerated, News.ro reported. Next,...
Dr. Mireille Rădoi, General Director of the “Carol I” Central University Library in Bucharest, took part in the 16th edition of the Alba Transilvana Book Fair, held on June 20–22 in Alba Iulia. Organized by the “Lucian Blaga” Alba County Library, the event gathered hundreds of writers, publishers, educators, researchers, and passionate advocates of written […]
Romania ranks 49th in the 2025 edition of the World Competitiveness Yearbook, a report compiled by the International Institute for Management Development (IMD) and published in Romania by CIT-IRECSON, the Technological Information Center. The global top three are Switzerland, Singapore, and Hong Kong, according to a press release quoted by news agency
