Xodus clinches FEED for offshore field in Romania
- Business & Finance
UK’s Xodus Group has secured a Front End Engineering and Design (FEED) award for the the Midia gas development project, in the Black Sea, offshore Romania.
The contract awarded by Black Sea Oil & Gas SRL (BSOG), Romanian based independent oil and gas company, will see Xodus carry out the FEED for offshore and onshore facilities for the development of Ana and Doina Gas Discoveries on XV Midia shallow block, offshore Romania.
FEED is the project development phase in which plans for the onshore and offshore facilities are defined, engineered, designed and evaluated in more detail by a contracted engineering company.
Mark Beacom, BSOG Chief Executive Officer, said: “With this award we take a major step forward in delivering this offshore gas development in Romania’s Black Sea with expectations that we will reach Final Investment Decision in 2017. We look forward to once again working with Xodus Group.”
Wim van der Zande CEO of Xodus Group said: “The development of the XV Midia Shallow Block is of strategic importance to gas production in the region and we are pleased to be continuing to support BSOG on its plans to develop the Ana and Doina discoveries. Xodus Group continues to grow experience in the Black Sea and the new contract allows us to draw on our global expertise of delivering fully integrated engineering projects.”