Austrian oil-and-gas group OMV announced on Wednesday that gas production is expected to begin in the Black Sea in 2027 as part of their Neptun Deep Project.

OMV Petrom and Romgaz, which own 50% of Neptun Deep, will drill a new exploration well in the offshore perimeter under the commitments included in the concession contract, according to Profit.ro ...

BUCHAREST (Reuters) - Eurosceptic George Simion will get a second shot at becoming Romania's president on May 4, hoping to ride a wave of anger stirred by the cancellation of a December election ...

Simion has also said Romania should buy back the controlling stake in oil and gas group OMV Petrom from Austria's OMV. Petrom and state gas producer Romgaz are working on an offshore gas project ...

If the dynamic positioning (DP) system went down on an offshore supply vessel, it could result in a collision. On a dive support vessel, it could result in injury or death for a diver. On a ...

April 25 (SeeNews) - Romania’s top oil and gas group OMV Petrom [BSE:SNP] said it approved an investment ... the construction of the support vessel for production operations and the construction of ...

Hornbeck Offshore Services Inc. was founded in 1997. The company has grown through the acquisition of various vessels and the expansion of its services to meet the increasing demands of offshore ...

Shareholders of Romanian oil company OMV Petrom recently approved the distribution ... work is underway on the construction of the support vessel for production operations, as well as on the ...

“The YJ-18A anti-ship missile is a new vertically launched, long-range cruise missile now deployed by the navy,” the display read. “It can strike large and medium-sized enemy surface vessels ...

Under former President Joe Biden, more than 625 million acres of U.S. ocean waters were permanently protected from offshore oil and gas drilling — something the Trump administration is trying to ...