Corinth to supply pipes for Midia gas project
- Business & Finance
Greek Corinth Pipeworks (CPW) has been selected to manufacture and supply 8” steel pipes for the infield line and 16”steel pipes for the offshore gas transport pipeline for the Midia gas project in the Black Sea off Romania.
The pipes will be manufactured during 2019 in CPW’s factory in Greece, and installation work will start according to schedule in 2020, CPW said earlier this week.
CPW’s scope of supply also includes external 3LPE anti-corrosion coating and concrete weight coating applied at the same location as pipe manufacturing in Thisvi, Greece.
The Midia Gas Development Project (MGD) comprises the Ana and Doina gas fields (estimates reserves 320 Bcf) discovered in 2007 and 1995 respectively, 120 km off the Romanain coast, in 70m of water.
The XV Midia shallow block is owned by a joint venture of Black Sea Oil & Gas (65%, operator), Petro Ventures Resources (20%), and Gas Plus International (15%). Black Sea Oil & Gas is a subsidiary of Carlyle International Energy Partners.
Final investment decision (FID), along with the start of construction of the project, was announced in February 2019.
Earlier in May, BSOG and Transgaz signed a memorandum of understanding for the use and development of the gas transmission pipelines network for the Midia Gas Development project. The memorandum outlines the basic principles, responsibilities, and framework for cooperation on the construction of the gas transmission pipeline that will takeover the processed gas at the new gas treatment plant located in Corbu commune, Constanta county, to the National Gas Transmission System operated by Transgaz.
The MGD project
The MGD project will be developed with an estimated investment of $400 million. It is expected to be commissioned by early-2021 and produce one billion cubic meters of gas a year, which represents 10% of Romania’s consumption.
The field development plan for the MGD project includes drilling of five production wells, including one at Doina field and four at the Ana field, and installation of a subsea production system at the Doina field.
The subsea gas production system will be tied-back to an unmanned production platform installed at the Ana field through an 18km-long pipeline.A 121km-long gas pipeline will transport gas from the Ana platform to an onshore location. A 4.1km underground pipeline will deliver the gas transported by the pipeline to a new gas treatment plant (GTP).
The processed gas will be delivered into the NTS operated by Transgaz at the gas metering station to be found within the GTP.
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