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.

"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 ...