Romania News

ASSO Subsea Charters Rem Offshore's New CSOV

Feb 14, 2023

Norwegian offshore vessel owner Rem Offshore has secured a charter contract with ASSO Subsea for its newbuild CSOV Rem Power.The vessel will support the construction phase of offshore wind farms, providing welfare and transfer services to personnel…

OMV Petrom's Neptun Deep Gas Project 'Closer than ever', CEO says

Feb 02, 2023

Romanian oil and gas group OMV Petrom is 'closer than ever' to starting construction of its Neptun Deep gas project, its chief executive said on Thursday of the Black Sea resources she says are key to the country's energy security. The company…

Offshore Winds BLOWing in Bulgaria

Jan 27, 2023

Under an EU-backed scheme, Bulgaria will see a 5 MW floating wind turbine demonstrator installed off its coast in the Black Sea within the next two years, as part of the Black Sea Floating Offshore Wind (BLOW) project. The project, which will see the turbine connected to an offshore gas platform…

Romania: OMV Petrom, Romgaz Step Closer to Black Sea Gas Extraction

Dec 14, 2022

Romanian gas producers OMV Petrom and state-owned Romgaz filed paperwork on Tuesday that edged them closer to the extraction of a long-awaited deepwater gas field in the Black Sea, Petrom said.The two companies jointly own the Neptun Deep offshore project…

Greek FSRU Projects in the Pipeline

Dec 01, 2022

As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…

VIDEO: Hull of Van Oord's New Cable Layer Launched in Romania

Oct 20, 2022

VARD shipyard in Romania launched the hull of the new Van Oord cable layer Calypso earlier this week.Vard Tulcea in Romania is making final preparations before the hull will be towed to Vard Brattvaag. At Vard Brattvaag, the shipbuilder will continue outfitting the vessel…

VIDEO: Rem Offshore's CSOV Hull Arrives at Vard's Norway Yard for Final Touches

Oct 27, 2022

Shipbuilder VARD said Thursday that its first hull for a Commissioning Service Operations Vessel (CSOV) arrived at Vard Søviknes in Norway. The hull of the vessel, which will be used to support offshore wind operations, was launched at Vard…

Van Oord’s New Cable-laying Vessel Calypso En Route to Norway

Oct 26, 2022

Van Oord's new cable-laying vessel Calypso is headed to the Vard Brattvaag shipyard in Norway after its hull launch last week in Romania. Once in Norway, Vard Brattvaag will complete the construction of the vessel which is expected to enter operation at the end of 2023…

Damen Working on New Vessel Class to Support Growing Floating Wind Industry

Sep 20, 2022

Dutch firm Damen Shipyards said Tuesday it was working to develop a new class of vessel that will be capable of supporting the growing floating wind industry.Damen has cited forecasts which indicate that by 2050 over 200GW or around 13,500 units…

Offshore Wind: Vestdavit Nets CSOV Davit Order

Aug 29, 2022

Vestdavit said Monday it had secured a contract to deliver its docking-head davit technology on a construction service operation vessel (CSOV) being built for Rem Offshore by Norwegian shipbuilding group VARD.The order for a PAP-15000 davit…

VIDEO: Vard Launches Rem Offshore's CSOV in Romania Yard

Jul 11, 2022

Shipbuilder Vard on Friday launched its first CSOV (Commissioning Service Operations Vessel) hull built by its yard Vard Braila in Romania.The vessel, which will be used to support offshore wind work, is being built for the Norwegian firm Rem Offshore…

Black Sea Gas Platform Launched Offshore Romania Despite War Risks

Jun 28, 2022

A new Black Sea offshore gas platform was officially launched off Romania on Tuesday and plans to extract gas despite risks posed by war in Ukraine, including mines detected in waters nearby.The project by Black Sea Oil & Gas (BSOG), controlled by U…

Romania Tweaks Tax Law to Drive Offshore Black Sea Gas Investments

May 18, 2022

After years of stalling, Romanian lawmakers approved legislation on Wednesday to reduce taxes on future income from offshore gas projects, hoping it would unlock investment in the Black Sea to extract its sizeable reserves.As Europe grapples with an energy crisis amid the war in Ukraine…

ExxonMobil Agrees to Sell Romanian Subsidiary to Romgaz for Over $1B

May 03, 2022

U.S. oil major ExxonMobil has agreed to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.The deal includes all shares in ExxonMobil…

Trillion Books Uranus Jack-up Rig for Drilling in Turkish Black Sea

May 20, 2022

Black Sea-focused oil and gas company Trillion Energy International has signed a definitive offshore drilling services contract with Romanian drilling company GSP Offshore to secure a jack-up rig for its 2022 – 2023 drilling program on its South…

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