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Neptun deep project

Supported byClarion Owners Engineers
Supported byClarion Owners Engineers
Supported byElevatePR Serbia

Romania: No reason for amending the Offshore Law

Romanian Prime Minister Marcel Ciolacu has informed Austrian OMV Group and its local subsidiary OMV Petrom that the Neptun Deep offshore gas project should proceed based...

Romania: Modifications of the Offshore Law

Alfred Stern, CEO of OMV Group, parent company of OMV Petrom, will negotiate with the representatives of the Romanian Government the modification of the Offshore...

Romania: OMV Petrom to test technology for carbon capture

Christina Verchere, OMV Petrom CEO, said that the company is analyzing opportunities in Romania for investments in new technologies such as carbon capture and...

Romania: OMV Petrom signed a 1.6 billion euro infrastructure deal with Saipem for the Neptun Deep gas project

Oil and gas company OMV Petrom signed a contract worth an estimated 1.6 billion euros with oilfield services company Saipem and its Romanian unit for...

Romania: Neptun Deep gas project enters development phase

Oil and gas company OMV Petrom announced that the Neptun Deep offshore gas project has entered the development phase after it received regulatory approval.  OMV Petrom...

Romania, Romgaz intends to issue bonds, in the first half of 2024, to finance the Neptun Deep gas project

CEO of Romanian natural gas producer Romgaz Razvan Popescu said that the company intends to issue bonds, in the first half of 2024, to...

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader

For years, Serbia’s energy landscape appeared frozen in time. Coal dominated generation, hydropower provided stability, and the idea of large-scale renewable deployment felt distant....

Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to...

Bosnia and Herzegovina: Republika Srpska accelerates major hydropower expansion amid untapped potential

The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain...

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...
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