Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea.Through the agreement, Baker Hughes will provide deepwater horizontal tree systems with associated subsea structures and control systems to support production at depths from 6…
Italy's Saipem has been awarded a new offshore contract worth approximately $425 million by Turkish Petroleum OTC for additional work on the third phase of the Sakarya gas field development in the Turkish sector of the Black Sea.The contract includes engineering…
The Caspian Pipeline Consortium, which delivers oil from Kazakhstan, said it had suspended oil exports from the Black Sea's terminal on Monday due to bad weather.It also said that terminal has halted oil intake due to full reservoirs until weather improves…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
Subsea7 today has secured a major contract by Turkish Petroleum Offshore Technology Center (TP-OTC) for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye.Subsea7’s scope includes engineering, procurement…
OMV Petrom and NewMed Energy, the partners in Han Asparuh block in the Black Sea, have hired Noble Corporation’s Globetrotter I ultra-deepwater drillship to drill two exploration wells offshore Bulgaria.The two wells will be drilled on the Han-Asparuh Block…
Precision engineering firm Hunting has secured awarded an order worth $31 million for its titanium stress joints (TSJs), which will form part of a phase three deepwater gas development in the Turkish area of the Black Sea.Hunting's Subsea Spring business unit…
OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect.The drilling of the exploration in Krum prospect, named Krum-1…
Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3…
Oil and gas company OMV Petrom has signed the commercial contract with the Republic of Moldova for the delivery of gas from Neptun Deep field in the Black Sea.The signed contract provides for the supply of natural gas for three years to the virtual trading point (VTP) in Romania…
OMV Petrom and Romgaz have spud of the first well for development and production of the Pelican South and Domino natural gas fields in the Neptun Deep block as part of the drilling campaign being conducted with Transocean’s Transocean Barents rig in the Black Sea…
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has closed the farm-down transaction with NewMed Energy, forming an equal partnership for the exploration of Bulgaria's Han Asparuh offshore block in Black Sea.The transaction…
Texas-based oilfield services provider Expro has secured major contracts from OMV Petrom, totaling more than $10 million, for the Neptun Deep gas project in the Black Sea.The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology…
On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible drilling rig Transocean Barents, anchored in Romania's Constanta port.In a matter of weeks, the rig - known as the Mighty…
Trillion Energy has started with the preparations to stimulate two wells at SASB gas field in an effort to enhance production at the project in the Southwestern Black Sea, offshore Türkiye.During January 2025, Trillion Energy completed installation…
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