The Neptun Deep Black Sea gas project is progressing, more than 80% of the value of the execution contracts has been concluded, OMV Petrom reports. It signed an agreement with an estimated value of 325 million euros for the Transocean Barents semi-submersible drilling platform for a minimum period of one and a half years. In addition, a contract worth approximately EUR 140 million was signed with Halliburton Romania for integrated drilling services.

This is in addition to the €1.6 billion contract with Saipem for offshore installations, as well as other smaller contracts.

Drilling is planned for 2025

“With contracts for the rig and integrated drilling services, OMV Petrom has secured more than 80% of the performance agreements required for the Neptun Deep project. (…) Our most important goal is to start production safely. and, on budget, in 2027,” said Christina Vercere, CEO of OMV Petrom.

The agreement for the sixth generation semi-submersible drilling platform includes crew and related services, products, equipment and materials. The Transocean Barents is a state-of-the-art rig with a Class 3 Dynamic Positioning System, anchors and dual RAM rigs, meaning it can operate effectively in both our shallow and deep waters. Mobilization for the Black Sea is scheduled to begin in late 2024, with drilling scheduled for 2025. A total of 10 samples will be drilled.

Halliburton Energy Services Romania and Newpark Drilling Fluids Eastern Europe provide comprehensive drilling services. Halliburton’s international and local experience in Romania will be used in a wide range of services such as cementing, directional drilling and well installation.

With these recent commitments, OMV Petrom and ROMGAZ are on track to safely deliver the first natural gas from Neptune Deep in 2027 within a budget of up to €4 billion foreseen for total investment.

Wells and fields will be controlled remotely through Digital Twin

The infrastructure required to develop the two fields includes three subsea production systems, one for Pelican South and two for Domino, an associated gas pipeline network, a shallow offshore gas platform, a pipeline to shore at Tuzla and a natural gas metering system. station. The offshore platform produces its own electricity, operating under the highest standards of safety and environmental protection.

Wells and deposits will be controlled remotely, using a digital copy (Digital Twin). A key aspect of the development concept is that the reservoir’s natural energy is used to transport natural gas to shore, eliminating the need to compress it. This, along with other project features, ensures that emissions from the Neptune Deep project are kept to a minimum, well below industry norms.

In August of this year, the company signed an agreement with Saipem SpA and Saipem Romania SRL with a total estimated value of approximately 1.6 billion euros for services in the management, design, procurement, manufacture, installation, delivery, installation, testing and commissioning of offshore installations. as part of the Neptun Deep project. In addition, the contract provides for the testing and commissioning of the gas measuring station and the onshore and offshore sections of the gas pipeline.

Transocean is an international provider of offshore oil and gas drilling contract services. Transocean specializes in offshore drilling activities in technically challenging sectors worldwide, with a particular focus on deepwater and midwater drilling services.

Halliburton Haliburton is one of the world’s leading suppliers of products and services for the energy industry.