Romanian oil and gas company Black Sea Oil & Gas has said it has installed the Ana offshore production platform in the Black Sea. According to BSOG, this is the first offshore platform built and installed in Romania in the past 30 years.Following…
Marine robotics company Ocean Infinity has acquired Norway-based company Red Rock, a company providing offshore lifting and handling equipment, as well as AI-supported autonomous equipment and operations.Announcing the acquisition, Ocean Infinity…
Black Sea Oil & Gas (BSOG) is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains it could impact its operations in the country, its chief executive said…
Norway's Farstad, Volstad, and Kleven have teamed up and formed a new ship-owning company in Norway, called Norwind Offshore, focused purely on offshore wind.For this, Norwind Offshore has already entered into a contract with Vard for the delivery of three vessels by 2024…
Energy and telecom cable systems company Prysmian Group announced it has taken delivery of the 'unique' and 'record-breaking' battery-hybrid cable laying vessel Leonardo da Vinci. “Leonardo da Vinci is the most efficient cable layer in the world…
Rem Offshore and VARD signed contracts for the design and construction of construction service operations vessels (CSOV).Two CSOVs with an option for two additional vessels were ordered by Rem Offshore with VARD. Two firm contracts for the firm…
Romanian oil and gas company Romgaz said Friday it had signed an exclusivity agreement with ExxonMobil, in relation to Exxon's planned sale of rights in an offshore block in the Romanian part of the Black Sea.As previously reported, Romgaz in…
European Union countries on Monday approved the bloc's flagship fund to wean them off fossil fuels and protect communities most affected, paving the way for members to start receiving the cash.The 17.5 billion euro ($21.27 billion) Just Transition…
Norwegian offshore vessel operator Solstad Offshore said Thursday it had reached a settlement deal with the Italian offshore services firm Saipem over a fee for early contract termination for the Normand Maximus vessel.As reported in September 2020…
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil's Romanian subsidiary holding a share in an offshore block in the Black Sea.ExxonMobil Exploration and Production Romania Limited holds a 50 percent stake in the XIX Neptun Deep Block in the Black Sea…
Norway's $1.3 trillion wealth fund, the world's largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small-cap stocks, the finance ministry proposed on Friday…
Romania-based Black Sea Oil & Gas (BSOG) will begin extracting natural gas from its $600 million offshore Romanian project in November, its chief executive said on Tuesday, but added further progress hinged on scrapping a disputed tax.The additional…
Two people died and ten were rescued after the Russian cargo ship Volgo Balt 179 sank in the Black Sea off Romania early morning on Thursday, according to reports from Romania.Romanian offshore services company GSP Offshore said that its GSP…
Romanian oil and gas company OMV Petrom has signed the production sharing contract for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.OMV Petrom won in June 2020 the international tender organized by the Ministry…
Bulgartransgaz, the operator of the national natural gas transmission network of Bulgaria, has officially taken a 20% share in Greek company Gastrade that is developing an LNG floating storage and regasification unit (FSRU) offshore Alexandroupolis…
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