OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

The Neptun Deep project will exploit the Domino and Pelican South fields. The block sits some 160 kilometers (99.42 miles) from shore in water depths of about 1,000 meters (3,280.84 feet ...

Significant event to be reported: National Agency for Mineral Resources has endorsed the Development Plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep offshore ...

Development plan of Domino and Pelican South natural gas commercial fields has been confirmed - development phase initiation S.N.G.N. ROMGAZ S.A. (Romgaz) informs that the National Agency for ...

In August it signed the main contract for Neptun Deep with Saipem SPA and Saipem Romania SRL, worth about EUR 1.6 billion ($1.74 billion). ... a shallow water offshore gas platform, ...

Neptun Deep is a unique project for Romania, which mobilizes investments of up to 4 billions euros, also contributing to the economic well-being of the country," Christina Verchere, CEO of OMV Petrom, ...

Neptun Deep has an area of 7,500 sq km about 160 km from the shore, in water depths ranging between 100 and 1,000 m. OMV Petrom operates the project in a 50-50 partnership with Romgaz.

April 30 (Reuters) - Austrian oil and gas group OMV (OMVV.VI), opens new tab said on Wednesday gas production in the Black sea is envisaged to start in 2027, as part of its Neptun Deep project ...

OMV Petrom and Romgaz announce the spud of the first well for development and production of the Pelican South and Domino natural gas fields in the Neptun Deep block, located 160 km offshore in the ...