{"id":3879,"date":"2025-02-26T07:59:16","date_gmt":"2025-02-26T07:59:16","guid":{"rendered":"https:\/\/ofero.news\/?p=3879"},"modified":"2025-02-26T07:59:16","modified_gmt":"2025-02-26T07:59:16","slug":"omv-petrom-prepares-to-begin-drilling-at-neptun-deep-offshore-gas-field-in-romanias-black-sea","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=3879","title":{"rendered":"OMV Petrom prepares to begin drilling at Neptun Deep offshore gas field in Romania&#8217;s Black Sea"},"content":{"rendered":"<p>Drilling operations for the Neptun Deep offshore gas project operated by OMV Petrom in Romania&#8217;s Black Sea, which holds one of the European Union&#8217;s most significant natural gas reserves, are set to commence soon, according to <a href=\"https:\/\/www.reuters.com\/business\/energy\/romanian-black-sea-offshore-gas-project-gears-up-drilling-works-2025-02-25\/?mc_cid=48cc244584&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Reuters<\/a>.<\/p>\n<p>&#8220;Once the vessel sets sail, drilling work can begin in a few days. It is a matter of weeks before this happens,&#8221; said Cristian Hubati, a member of OMV Petrom&#8217;s Board of Directors responsible for Exploration and Production.<\/p>\n<p>The Transocean Barents platform, known as Mighty Barents, will travel 160 kilometers offshore to begin work on ten exploitation wells.\u00a0<\/p>\n<p>The project, expected to double Romania&#8217;s gas production and potentially position the country as a net exporter, comes as the EU moves away from Russian gas imports, Reuters reported.<\/p>\n<p>Neptun Deep, jointly owned by OMV Petrom &#8211; whose majority shareholder is Austria&#8217;s OMV &#8211; and state-owned Romgaz, is estimated to hold 100 billion cubic meters (bcm) of recoverable gas.\u00a0<\/p>\n<p>The project, Romania&#8217;s largest energy investment since the construction of the Cernavod\u0103 nuclear reactors in the 1990s, is scheduled to deliver its first gas in 2027. However, it has faced opposition from Romania&#8217;s growing far-right, which argues that gas exports undermine national interests, and from environmental activists concerned about fiscal uncertainty as the government seeks to reduce the EU&#8217;s largest budget deficit.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source:\u00a0<\/em><em>Inquam Photos \/\u00a0<a href=\"https:\/\/www.inquamphotos.com\/users\/georgecalin\">George\u00a0C\u0103lin<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Drilling operations for the Neptun Deep offshore gas project operated by OMV Petrom in Romania&#8217;s Black Sea, which holds one of the European Union&#8217;s most significant natural gas reserves, are set to commence soon, according to Reuters. &#8220;Once the vessel sets sail, drilling work can begin in a few days. It is a matter of [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3879","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3879"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3879\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}