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12 December, 2024

Annual Romanian Builders’ Event – 5th Edition | 2024

At the largest annual event for builders in Romania, organized by the FPSC – Federation of Construction Companies, INSPET’s projects were recognized and awarded.

We were honored to receive the STAR CONSTRUCT Award for Strategic Projects, granted for the Onești-M Natural Gas Compression Station, a landmark project that demonstrates our ability to deliver complex and innovative technical solutions on a large scale.

As we approach the holiday season, this achievement brings added motivation and confidence for the year ahead. We take pride in building not only infrastructure but also lasting partnerships with our collaborators.

We extend our gratitude to the INSPET team for their dedication and professionalism, as well as to everyone who contributed to this success. We are committed to preparing ambitious projects for 2025!

11 December, 2024

A special moment brought the magic of the winter holidays to INSPET, as students from the Faculty of Petroleum and Gas Engineering delighted us with their heartfelt carols. These moments remind us that the holidays are about giving and bringing joy to those around us.

More than just a tradition, their carols carried a charitable purpose: all gifts received this year will be donated to the Alexandra Children’s Home in Prahova and urgent medical cases, supported by these dedicated young people.

We are proud to support initiatives that prioritize community and inspire us to be better. Our heartfelt thanks go to Mrs. Iuliana Ghetiu, Vice Dean of the Faculty of Petroleum and Gas Engineering, for her involvement and for organizing this wonderful moment.

Congratulations to everyone involved, and we look forward to welcoming your carols again next year!

 

28 November, 2024

ARACO Quality Trophy Awards Gala | 2024

INSPET proudly participated in the ARACO Quality Trophy Awards Gala 2024, an esteemed event that celebrates excellence, innovation, and achievement within the construction industry. Held at the Technical University of Cluj-Napoca, the gala brought together industry leaders and top companies to recognize remarkable contributions and milestones.

Receiving the ARACO Quality Trophy 2024 is a testament to INSPET’s commitment to delivering high-quality and innovative solutions in energy infrastructure. This recognition highlights the successful execution of two strategic projects:

  • Onești Natural Gas Compression Station (Client: TRANSGAZ – a critical contribution to the development of Romania’s energy infrastructure)
  • Bilciurești Natural Gas Drying Station, Group 145 (Client: ROMGAZ – DEPOGAZ PLOIEȘTI subsidiary, showcasing exceptional standards in the natural gas industry)

12 November, 2024

We participated in the National Session of Student Scientific Communications organized by the Petroleum-Gas University of Ploiești, under the theme “Energy Sources in the Development and Management of Sustainable Businesses“—a highly relevant topic considering the essential role of sustainable solutions in today’s business development.

Mr. Bogdan PÂNDARU, Deputy General Manager of INSPET, shared our company’s perspective on sustainable development and renewable energy utilization.

INSPET remains a pioneer in Romania’s energy transition, having already installed a photovoltaic park on its industrial platform in Prahova County and operating an electric vehicle fleet to reduce our carbon footprint.

We have also initiated our efforts in hydrogen projects. As the only Romanian contractor specializing in fluid infrastructure and complex installations, INSPET joined the Financing Task Force of the ECH2A Hydrogen Transmission & Distribution Round Table in 2023. Our inclusion in this working group highlights our commitment to advancing the hydrogen economy in Romania and recognizes our expertise and completed projects in this domain.

 

11 November, 2024

Consistently reaffirming our belief: natural gas is not just a resource; it’s a catalyst for change. In this spirit, our company participated in the Natural Gas Forum, a key event organized by Financial Intelligence, dedicated to the energy future of Romania and Europe.

We engaged in in-depth discussions on the strategic role of natural gas in the energy transition and how it directly supports the competitiveness of Romania’s industry. Energy shapes our economy, and the topics we explored highlighted that we’re at a critical moment for the future of energy in Europe:

🔹 Gas supply for the winter of 2024-2025 – Are we prepared?
🔹 Price trends – What can we expect in the coming months?
🔹 The Draghi Report – Natural gas as an essential lever for industry
🔹 The new European Commission – What directions will we follow?
🔹 “The Antwerp Declaration” – Concrete solutions for economic competitiveness

Current issues for Romania were also addressed:

🔹 Neptun-Deep Project – immense potential for the country’s energy security
🔹 Hydrogen – Strategic opportunities for economic development
🔹 Gas price caps and the impact of fiscal policies on the oil and gas sector
🔹 Carbon capture, utilization, and storage technologies (CCUS) – Investment in a sustainable future

The dialogues at the forum underscored, once again, the need for cross-sector collaboration and innovation to tackle challenges and harness opportunities—particularly the collaboration between authorities and the business environment. At INSPET, we are more motivated than ever to actively contribute to these efforts and to build a competitive, sustainable Romania.

7 November, 2024

We continue our series of engagements in events relevant to our company, and this week we are honored to attend the conference within the National Awareness Program “PROTECTOR – Safe Business”, now in its second edition.

Represented by Mr. Ovidiu Olteanu, GM Advisor, the INSPET team joined business operators from Argeș, Dâmbovița, Prahova, and Teleorman counties at an event dedicated to safeguarding businesses and communities against today’s risks.

This meeting highlighted discussions on the role of responsibility and compliance in the business environment, with a particular focus on the complex risks stemming from the Ukraine conflict. Key topics included international regulations, current sanctions, and the concrete steps companies need to take to navigate safely through this challenging global landscape.

We explored protective regulations, sanctions, and procedures, as well as the hidden dangers in transactions involving dual-use and military products. We learned how to identify risk indicators, shared solutions, and listened to each other’s experiences—all partners in the journey towards a safer future.

We enthusiastically join this initiative, alongside experts and partners in the field, actively contributing to the development of a safe and responsible business environment. Many thanks to the organizers and all participants for their dedication and efforts!

25 October, 2024
Honored to participate in the Prahova Top Companies Gala 2024 – an event of excellence organized by the Prahova Chamber of Commerce and Industry.

INSPET stands out in the Prahova Top Companies 2024, ranking 1st place in the category “Construction Works for Utility Projects for Fluids” and recognized as a “Top Investor” for significant investments made. Additionally, our company was awarded the “Social Responsibility and Sustainable Development Trophy” for our commitment to implementing and upholding principles and values of social responsibility.

In an elegant setting, alongside the top leaders of Prahova’s economy, celebrating these achievements provides us with inspiration and motivation to continue building and contributing to the development of a strong and prosperous business environment.

We extend our thanks to the organizers for supporting entrepreneurs and for recognizing the achievements of those who, through professionalism and vision, contribute to the economic growth of Prahova County.

23 October, 2024

Bucharest Leaders’ Summit: Reporting for Duty – The Competitiveness of Romanian Industry Amid Global Challenges

The conference dedicated to Industry, part of the “Together We Protect Romania” project, now in its 25th edition, organized by MediaUno Press Group, brings together leaders and experts to discuss the future of Romanian industry.

We were represented by Mr. Ciprian Păltineanu, INSPET Chief Executive Officer, who shared his vision on how private businesses can adapt to global transformations and how #Romania can boost its competitiveness through specialization, agility, innovation, and resilience.

Industry 4.0 and digitalization were at the heart of discussions. The impact of artificial intelligence on #production and logistics was explored with a view to the future of industry. Students also attended, receiving concrete advice from private sector professionals—a valuable experience for those who will shape the future of Romanian industry.

Another central theme was the reconfiguration of global production. In a world where production locations and networks are rapidly shifting, Romania must adapt to remain competitive on the international stage.

INSPET is honored to contribute to this initiative aimed at advancing Romanian industry!

25 September, 2024
We are participating in the event “Romania Hub for Ukraine’s Recovery and the Role of U.S. Industry,” organized under the aegis of AmCham Romania—an essential moment in shaping regional efforts for Ukraine’s reconstruction 🇺🇦.

This highlights Romania’s strategic role as a bridge between international investors and the region’s development goals. Our participation, represented by Mr. Bogdan Pândaru, Deputy General Director, reaffirms INSPET‘s commitment to international collaboration, especially through the strong partnerships we have developed over the years: https://www.inspet.ro/despre/afilieri.

The proposed projects contribute not only to the recovery of the region but also to the strengthening of the Romanian economy, offering opportunities for growth and innovation in key sectors.

4 July, 2024

AmCham Partnership and U.S. Independence Day, 2024

On July 4, 2024, INSPET had the honor of celebrating U.S. Independence Day with AmCham Romania. This occasion was an opportunity to strengthen our ties and reaffirm our joint commitment to a solid and collaborative business environment. Our partnership with AmCham reflects the aim to support initiatives that contribute to the development of the business environment in Romania.

The American Chamber of Commerce in Romania is one of the most prominent business associations in the country, recognized for promoting public-private dialogue on issues related to the business environment, public policies impacting the economy, Romania’s competitiveness, and the dynamics of trade relations between the U.S. and Romania.