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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...

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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...