Saipem’s 165-meter-long pipelay vessel Castoro 10 has begun the construction of an offshore pipeline in the Romanian part of the Black Sea that will transport natural gas from an offshore production platform to shore as part of the Neptun Deep project. With estimated investments of up to €4 billion,
Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.
