Black Sea Oil & Gas (BSOG) has completed the installation of the Ana natural gas production platform, approximately 120 kilometers off the Black Sea, in waters with a 70-meter depth, the company announced in a press release sent on Wednesday.The Ana natural gas production platform is the first built and installed in Romania in the last 30 years."Ana is a 3,000 tonne natural gas production platform, consisting of a support structure (jacket) that is partially in the water and a set of three decks above the water. The gas from the Ana and Doina deposits is collected and measured on the platform, then sent to shore at the Vadu gas treatment plant through a 16-inch pipeline, over a 126 km distance, of which 121 km of submarine pipeline and 4.5 km of land pipeline. With all the infrastructure now set up, the connection to the installations and the commissioning will take place in the next period, before the drilling campaign expected for November of this year," reads the release.The Midia Natural Gas Development Project ("MGD Project") is 70 percent completed, being the first project of its kind built in the Romanian Black Sea area after 1989. The works consist of digging five production wells (an underwater well at the Doina deposit and four production wells at the Ana deposit) and a submarine production complex at the Doina field, which will be connected by an 18 km pipeline to the Ana production platform monitored and operated from the shore, located on the Ana deposit.Moreover, a 126 km submarine pipeline will transport gas from the Ana platform to the shore, to the new gas treatment plant in Corbu commune, Constanta county.According to the cited source, the estimated production capacity will be one billion cubic meters of gas per year, the equivalent of 10 percent of Romania's gas consumption. The treated gas will be delivered in the National Transport System operated by SNTGN Transgaz SA to the gas measuring station located within the gas treatment station.Grup Servicii Petroliere, the main builder of this first development project for the extraction of new hydrocarbons from the Romanian Black Sea area, owns and operates the most powerful floating crane in the Black Sea basin, GSP Neptun, with a capacity of 1,800 tonnes. The GSP group currently employs more than 2,600 experts and specialists from around the world.Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners and the European Bank for Reconstruction and Development (EBRD), is an independent energy company based in Romania that operates natural gas resources.Currently, the company's portfolio consists of the MGD Project and two natural gas production licenses, the Ana and Doina deposits in the XV Midia perimeter - Shallow Water Zone in which BSOG holds a 70 percent stake.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
