Baltic Gas Project moves ahead with pre-FID award
- Business & Finance
Baltic Gas has made a progress in the development of the B4 and B6 gas fields located in the Southern Baltic Sea, offshore Poland.
Namely, Jacobs Engineering Group, a provider of technical, professional and construction services, was awarded a contract to conduct a pre-final investment decision (Pre-FID) study for the onshore gas treatment plant of the Baltic Gas Project for Baltic Gas Sp. z o.o. i wspólnicy sp. k (Baltic Gas).
The Baltic Gas Project involves the concurrent development of the B4 and B6 gas fields via offshore production facilities in the Baltic Sea; some 110 kilometers of subsea export pipelines to shore; and an onshore gas treatment plant. The gas is to be processed through the onshore gas treatment plant to remove LPGs and condensate and produce sales gas to the required sales specification.
The project is being undertaken on behalf of Baltic Gas by a partnership established specifically for the Baltic Gas Project between CalEnergy Resources Poland Sp. z o.o. (CalEnergy) and LOTOS Petrobaltic S.A. CalEnergy is the operator for the project development phase.
In conducting the pre-FID study, Jacobs says the company’s role includes developing the design for the onshore gas treatment plant and associated facilities and generating a capital cost estimate based on vendor quotations for high value and long lead items to underpin the final investment decision during the second half of 2016. The company is utilizing its workshare capabilities to complete the work, coordinating the project from its Melbourne office.
Commenting on the contract, Jacobs Petroleum and Chemicals President Gary Mandel stated, “We are pleased to be involved at an early and critical stage of this challenging natural gas project. The Pre-FID study phase is an important step towards achieving a high level of certainty for the FID approval in second half of 2016.”