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Neptun deep project

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Romania: Romgaz raises €500 million through second bond issue to support Neptun Deep project

Romanian natural gas producer Romgaz has issued a new six-year bond worth 500 million euros with a fixed interest rate, marking its second successful...

Romania: Neptun Deep project surpasses 33% completion, paving the way for energy independence

Romanian Energy Minister Sebastian Burduja has announced that the Neptun Deep project has reached over 33% completion. According to Minister Burduja, the American drilling...

Romania: Romgaz to issue 500 million euro bonds in H1

In the first six months of 2024, Romanian gas company Romgaz plans to launch the first of the two 500 million euro bond issues,...

Romania: OMV Petrom awarded executive agreements for the Neptun Deep project

OMV Petrom, the operator of the Neptun Deep offshore natural gas project in Romania's Black Sea scheduled for starting production in 2027, announced it...

Romania: OMV Petrom signs drilling contract for Neptun Deep project

Romanian oil and gas group OMV Petrom signed a 325 million euro agreement with offshore drilling contractor Transocean for the use of a semi-submersible...

Romania: Construction activities at Neptun Deep offshore project to start by 2025

OMV Petrom and Romgaz expect the first gas volumes from the Neptune Deep offshore project in the Black Sea to start in 2027 as...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...