Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South and Domino fields within the Neptun Deep block in the Black Sea.

The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027. SNGN Romgaz SA and OMV Petrom SA have ...

The two contracts involve Expro’s subsea landing string, cementing technology, tubular running services, and drilling tools. Neptun Deep is the largest natural gas project in the Romanian Black Sea.

On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible drilling rig Transocean Barents, anchored in Romania's Constanta port.

"The project is progressing according to plan, with first gas estimated for 2027," the statement reads MOSCOW, March 25. /TASS/. OMV Petrom, a subsidiary of Austria’s OMV, and Romania’s Romgaz ...