Saipem contracted to transport, install pipeline in Sakarya Gas Field

Italian multinational oilfield services company Saipem will transport and install pipelines for Turkey's Sakarya Gas Field located in Blacksea.

The company was awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million, Saipem announced on Nov. 15.

Greenlight for Lukoil Overseas drilling operations in Romanian Black Sea waters

The Competent Authority for Regulation of Offshore Oil Operations in the Black Sea (ACROPO) has sent Lukoil Overseas its greenlight so the latter may start oil drilling operations in the Trident perimeter of the Romanian Black Sea territorial waters, according to a Facebook post of the institution. "In accordance with the provisions of Law no.

After New Incident on Cyprus, EU Calls on Turkey to Rein in Naval Aggression

Just a day after it said it won't allow Cyprus to conduct a "unilateral" gas search off the Eastern Mediterranean island's coast if Turkish Cypriots don't also reap the benefits, Ankara ratcheted up tensions with Nicosia Friday when its warships threatened to use force against a drillship contracted to Italian energy giant Eni as it tried, again, to reach an area in Cyprus's exclusive economic