Global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD) have agreed to sell Black Sea Oil & Gas (BSOG), Romania's largest offshore natural gas producer, to Mazarine Energy.The transaction covers Black Sea Oil & Gas and BSOG Holding Activity…
Turkey will send its first floating gas production platform to the Black Sea on Saturday, a move expected to roughly double output from its largest domestic gas field, Energy Minister Alparslan Bayraktar said on Thursday.The Osman Gazi platform is expected to begin production in early 2027…
Subsea7 has secured a contract extension worth between $50 million and $150 million from Turkish Petroleum Offshore Technology Center (TP-OTC) for additional work on the Sakarya Phase 3 gas development offshore Türkiye.The additional scope covers…
Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract…
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…
Saipem has confirmed the completion of a key offshore installation campaign for the Neptun Deep natural gas project in Romania, marking another milestone in the development of what is expected to become the European Union's largest offshore gas project…
OMV Petrom and Romania's Romgaz have completed the installation of the offshore production platform for the Neptun Deep natural gas project in the Black Sea, marking a major milestone as the development remains on track to start production in 2027…
Saipem has completed the load-out and departure of a giant jacket structure destined for the Neptun Deep gas development in the Romanian Black Sea, marking a major milestone for what is set to become the European Union's largest offshore natural gas project…
Wison New Energies has started topsides fabrication of the floating production unit (FPU) for the Sakarya Gas Field Development Project Phase 3, developed by Turkish Petroleum (TPAO), marking a new milestone for the Black Sea gas development…
Norwegian subsea services firm Reach Subsea has received a letter of intent for a multi-year contract covering inspection, maintenance and repair (IMR) and light construction services in the Mediterranean and Black Sea.Aside from the letter of intent…
TotalEnergies and Türkiye Petrolleri Anonim Ortaklığı (TPAO) have signed a memorandum of understanding to cooperate on oil and gas exploration.The agreement establishes a framework for technical collaboration, including joint assessment of exploration…
Kazakhstan's energy ministry said on Tuesday that oil shipments via the Caspian Pipeline Consortium were stable after Russia's military accused Ukraine of damaging loading facilities belonging to the group in the Black Sea.Russia's Defence Ministry…
OMV Petrom and its partners have completed drilling of the Krum-1 exploration well in the Han Asparuh Block offshore Bulgaria, but did not encounter significant gas volumes.The well, drilled to a depth of around 3,500 meters in the Black Sea…
Romania is hindering further offshore gas exploration in the Black Sea by not auctioning off new blocks, the chief executive of an offshore gas project said on Tuesday.The European Union and NATO member has an estimated 200 billion cubic metres…