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 ...

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 ...

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 ...

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 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.

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 ...

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, ...

OMV Petrom announced together with Romanian state-owned gas producer Romgaz that it will invest up to €4 billion in the development phase of the Neptun Deep project, which will generate ...

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 ...

The company says the platform will generate its own energy and that the entire infrastructure will be operated remotely, through a digital twin. It estimates development costs at up to €4 ...