Search results for: Montenegro

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A list of search results

  • 16 March 2017
    Operations & Maintenance, Project & Tenders

    Energean Oil & Gas and the State of Montenegro have signed an exploration and production concession contract covering offshore blocks 4219-26 and 4218-30 in the Adriatic Sea. The contract was signed by Dragica Sekulic, Montenegro’s minister of Economy, and Mathios Rigas, chairman and CEO of Energean, in Podgorica, following approval from the Parliament of Montenegro. Total investment over […]

  • 10 March 2015

    The inaugural two-day Adriatic Oil & Gas Summit (AOG) has started today in Budva, Montenegro. Held under the patronage of the Ministry of Economy of Montenegro and the Ministry of Economy and Energy of Albania, the summit will focus on the offshore oil and gas investment opportunities within three countries in particular: Montenegro, Croatia and […]

  • 11 July 2011

    On July 5, Chen Fenjian, vice president of CCCC, met with a delegation headed by Andrija Lompar, Minister of Transport and Maritime Affairs of the Republic of Montenegro at CCCC Building, having an in-depth discussion with the guests on CCCC’s involvement in the infrastructural construction of Montenegro. During the meeting, Chen briefed the guests on […]

  • 29 June 2016
    Business & Finance

    Energean Oil & Gas, an exploration and production company based in Greece, has reached an agreement for two blocks offshore Montenegro.  The company reached the agreement with the Ministry of Economy of Montenegro for hydrocarbons exploration and production in offshore blocks 4219-26 and 4218-30. The proposed concession contract, joint operating agreement and accounting agreement are subject to […]

  • 10 March 2015

    The inaugural two-day Adriatic Oil & Gas Summit (AOG) has started today, March 10, 2015 in Budva, Montenegro. Held under the patronage of the Ministry of Economy of Montenegro and the Ministry of Economy and Energy of Albania, the summit will focus on the offshore oil and gas investment opportunities within three countries in particular: […]

  • 10 March 2015
    Business & Finance

    The inaugural two-day Adriatic Oil & Gas Summit (AOG) has started today, March 10, 2015 in Budva, Montenegro. Held under the patronage of the Ministry of Economy of Montenegro and the Ministry of Economy and Energy of Albania, the summit will focus on the offshore oil and gas investment opportunities within three countries in particular: […]

  • 14 September 2016

    Russia’s Novatek, the operator of the Yamal LNG project, and Italian energy giant Eni on Wednesday signed a deal to explore for oil and gas in the Adriatic Sea, offshore Montenegro. The concession contract signed with the Government of Montenegro entails the exploration and production of hydrocarbons for four offshore blocks in the Balkan state. The […]

  • 19 October 2017
    Project & Tenders

    Greek oil company Energean Oil & Gas has informed that the first competent persons report (CPR) for its assets offshore Montenegro indicated 1.8 tcf of natural gas and 144 mmbbls of unrisked prospective resources. Energean said on Thursday that the CPR was compiled by Netherland Sewell & Associates, detailing the recoverable gas and liquids resource […]

  • 18 November 2019
    Operations & Maintenance

    Terna, the company that manages the Italian electricity grid, has inaugurated new power line that will connect Italy with Montenegro and, therefore, connect the Balkans to Europe for the first time. The power line, linking Cepagatti and Kotor,  was inaugurated in the presence of the president of the Italian Republic, Sergio Mattarella and the president […]

  • 14 September 2016

    Italian oil firm Eni and Russian energy firm Novatek will explore for oil and gas in the Adriatic Sea, offshore Montenegro. Novatek and Eni will take stake in four offshore blocks, with each holding a 50 percent share. Eni has been appointed the operator. Blocks 4118-4, 4118-5, 4118-9 and 4118-10, comprising a total area of approximately 1.2 […]

  • 23 January 2015
    Equipment, Operations & Maintenance

    The construction of a submarine cable between Italy and Montenegro has began on Italian side of the Adriatic Sea, Italian Terna S.p.A informed. In 2010, governments of Italy and Montenegro signed approximately EUR 800 million worth deal to construct the cable, local media report. The submarine cable will connect Pescara in Italy and Tivat in Montenegro. […]

  • 16 March 2017
    Business & Finance

    Greek oil firm Energean Oil & has signed an exploration and production concession contract with Montenegro covering offshore blocks 4219-26 and 4218-30. To remind, the company had reached an agreement over the blocks in mid-2016, however the deal had to be ratified by the Montenegro government. Following approval from the Parliament of Montenegro, the final […]

  • 1 July 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Vantage Drilling has entered into a contract with Eni for its premium jack-up rig, the Topaz Driller, to perform drilling services offshore of Montenegro. Vantage said on Tuesday that the contract with Eni is for 180 days. Ihab Toma, the Company’s Chief Executive Officer, commented, “Securing this contract during these challenging times demonstrates that Vantage, […]

  • 7 December 2018

    Marine seismic acquisition player Shearwater GeoServices started a 3D seismic survey off Montenegro in mid-November.

  • 3 February 2012

    Leonid Chugunov, Head of the Gazprom Project Management Department held negotiations in the Republic of Montenegro with Igor Luksic, Prime Minister of the Republic, Milan Rocen, Minister of Foreign Affairs and European Integration and Vladimir Kavaric, Minister of Economy. The parties addressed technical capabilities and prospects of Montenegro to join the South Stream project that […]

  • 16 May 2014

    Energean Oil & Gas SA  and Mediterranean Oil & Gas Plc (MOG) have jointly submitted a bid for the exploration and production of hydrocarbons in offshore areas 4118/05, 4218/30 and 4118/10 in Montenegro. If successful, Energean will act as the Operator with 60% working interest, while MOG would have a 40% working interest. Energean currently […]

  • 9 June 2015

    One sailor has died and three had to be hospitalized following a suspected fume poisoning on board the Greek ferry Horizon late Friday near the Montenegro’s Adriatic coast. The deceased sailor is said to be from Sri Lanka, whereas the three remaining crew members of the ferry are reported to be from Egypt and India. Two sailors remain […]

  • 28 February 2012
    Business & Finance, Operations & Maintenance

    A proposed scheme, according to which a major power cable would be built under the Adriatic Sea, will obtain essential backing from the European Bank for Reconstruction & Development (EBRD), reports UTILITYWEEK. The transmission line would be built between Italy and Montenegro, thus it would account for the first undersea cable linking Italy with former-Yugoslavian […]

  • 31 October 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Nexans, a worldwide expert in the cable industry, has been awarded one of two lots of a contract for the supply and installation of a power cable for the high-voltage direct current (HVDC) link between Italy and Montenegro. It represents a value of approximately 300 Million Euros. The public tender was called by Terna Rete […]

  • 24 October 2017

    Uruguayan Navy has detained four stowaways that threatened the crew aboard the bulk carrier Friederike. The four men reportedly boarded the 57,400 dwt bulker while it was in the Nigerian port of Lagos. In the morning hours of October 21 the authorities received a distress call from the ship’s captain saying that the stowaways mutinied and threatened the […]

  • 19 November 2013
    Business & Finance

    Global Ports Holdings has, through privatization, acquired the unlisted 62% share of the Port of Bar. This is the first time a Turkish company acquires the majority ownership of a port operation overseas, as has been indicated by Saygın Narin, the CEO of GPH. GPH, the only operator of three leading commercial and cruise ports […]

  • 18 February 2014

    The Montenegro’s Tender Commission for Privatisation has opened bids for the state-owned “Adriatic Shipyard” AD Bijela. Three renowned companies from Italy, the Netherlands, and Lithuania submitted their bids for the takeover of 61.5749% of the country’s shipyard. Those companies are: Fincantieri S.p.A., Italy Damen Shipyards Group, the Netherlands Consortium: Blotraco Shipping Ltd Cyprus, Roman Denkovych and […]