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Romania: Nortrans Offshore secures charter deal with Saipem for vessel support on Neptun Deep gas project

Singapore-based Nortrans Offshore has secured a charter deal with Italian offshore engineering and construction giant Saipem for its maintenance and support vessel, the Temis....

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...

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Bosnia gross power generation rises in July on stronger exports

Bosnia and Herzegovina increased gross electricity production to 1,118 GWh in July, up from 1,082 GWh a year earlier. The higher output was supported...

Elektrokrajina to invest €30 million in three-year distribution network reconstruction

Bosnian electricity distributor Elektrokrajina plans to invest about €30 million in a three-year reconstruction of its distribution network. The programme is designed to reduce...

SEE power prices diverge as Hungary and Romania rally while Serbia and Greece remain discounted

Southeast European day-ahead electricity markets showed a sharp divergence for Sept. 29 delivery, with prices rising across Hungary, Romania, Bulgaria and the northern Balkans...

Greece tests local flexibility markets as grid operators seek value from distributed power assets

Greece is testing a new electricity-market model that could create additional revenue for factories, EV fleets, commercial buildings and distributed energy assets while giving...

Romania expands flexibility market as industrial demand and telecom batteries enter power system

Romania is beginning to turn electricity demand and previously underused backup infrastructure into tradable flexibility, creating new opportunities for aggregators and virtual power plants...