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offshore gas projects

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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...

Albania, Government announced that it is working on first offshore wind project

Amid the ongoing energy crisis, the Albanian Government announced that it is working on Albania’s first offshore wind project. Minister of Energy Belinda Balluku said...

Romania, Romgaz will pay 1.06 billion dollars to take over a 50 % stake in the Neptun Deep offshore gas project

Romanian gas producer Romgaz will pay 1.06 billion dollars to take over a 50 % stake in the Neptun Deep offshore gas project in...

Romania, Romgaz is seeking a loan of up to 350 million euros in order to finance the purchase 50 % stake in the Neptun...

Romanian natural gas producer Romgaz is seeking a loan of up to 350 million euros in order to finance the purchase 50 % stake...

Romania: BSTDB’s loan for offshore gas support

In order to develop the Ana and Doina gas fields offshore Romania the Black Sea Trade and Development Bank (BSTDB) has provided a 15...

Romania: Romgaz the only bidder for 50% stake in Neptun Deep

Last week, Romgaz has confirmed that it sumbitted a binding offer to the US company ExxonMobil for the acquisition of a 100 % capital...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...