Eastern Europe
News
September 24, 2025
Weatherford has secured an eight-year contract with Romgaz, Romania’s largest natural gas producer, to deploy real-time digital wellsite monitoring and AI-enabled production optimization. The deal marks Romgaz’s first use of such technology, enhancing efficiency across thousands of wells.
News
September 10, 2025
MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 m near Galgahévíz, Hungary. The well, named Galgahévíz-4, is capable of producing approximately 1,000 bopd, which is processed at the Danube Refinery in Százhalombatta.
News
August 26, 2025
“This represents an important milestone for Block, Georgia and our partner on the pilot project, Indorama, as we seek to demonstrate the viability of large-scale, low-cost CCS," said Block Energy's CEO Paul Haywood.
News
July 22, 2025
OMV Petrom and NewMed Energy have awarded a drilling rig contract to Noble Corporation for the drilling of two offshore exploration wells in the Black Sea, offshore Bulgaria. Two exploration wells will be drilled on the Han-Asparuh Block with the selected ultra-deepwater drillship, Globetrotter I.
News
July 21, 2025
CEPetroleum (CEP) has made a significant oil discovery in its Wolin East 1 well, offshore Poland. CEP estimates the discovery as the largest conventional hydrocarbon field yet found in Poland, and one of the largest conventional oil discoveries in Europe in the past decade.
News
July 10, 2025
Horizon Petroleum Ltd. announced substantial progress has been made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland.
News
April 18, 2025
Block Energy plc, the production and development company focused on Georgia, has reached a significant milestone in Phase 2 of its CCS project, with the key process-specific subsurface uncertainties, ahead of the pilot test, having been resolved.
News
March 18, 2025
MOL has discovered a new oil field near Somogysámson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. According to the results, the well has potential to produce 1,200 bpd.
News
March 06, 2025
Sercel has announced the delivery of several next-generation 528™ cable-based land seismic acquisition systems for deployment on exploration surveys in India and Türkiye, just over a year after the new system’s launch.
News
March 05, 2025
Expro has secured more than $10 million in major contracts from OMV Petrom for the Neptun Deep gas project in the Black Sea. The contracts involve Expro’s subsea landing string (SSLS), SeaCure® cementing technology, tubular running services (TRS) and Coretrax Advance drilling tools.
News
January 07, 2025
Trillion Energy has announced the successful installation of 2 3/8” velocity string tubing (VS) into the Alapli-2 natural gas well, marking a significant step in the company's efforts to enhance long-term gas production at the SASB field.
News
December 27, 2024
(Bloomberg) – Turkey said it wants to help increase oil and natural gas production in Syria, the latest step in Ankara’s overtures for deeper involvement in the reconstruction of the war-torn country.
News
November 21, 2024
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector.
News
November 17, 2024
Baker Hughes and SOCAR have announced the signing of a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan.
News
June 21, 2023
OMV Petrom and Romgaz will invest up to $4.37 billion for the development phase of the project, which will enable roughly 100 Bcm of natural gas to be brought on stream.
News
June 14, 2023
Cumulatively, the discovered deposits hold over 30 MMboe of recoverable resources, equivalent to around three quarters of OMV Petrom’s 2022 production.
News
January 03, 2023
The agreement opens a new supply route in southeastern Europe after Russia curbed shipments to the continent following its invasion of Ukraine. Previously, Bulgaria’s shortest way to access LNG was through Greece.
News
December 06, 2022
The U.S. raised its forecast for oil production next year, reversing course after five straight months of cuts that stoked concern about a slowdown in output from shale fields.
News
November 30, 2022
Offshore Energies UK, the leading trade body for the UK’s offshore energy industry, has launched a report pinpointing key skills shortages that could put the transition to cleaner energies at risk.
News
November 14, 2022
Poland introduced compulsory administration over Gazprom PJSC’s stake in the company that owns the local part of the Yamal-Europe gas pipeline, tightening the government’s grip over Russian assets in the country.
News
November 09, 2022
Ukrainian security officers conducted a raid of a major oil company and a refinery as authorities investigate possible tax evasion and move to seize strategic assets owned by some of the country’s richest men.
