OMV Petrom and Romgaz expect the first gas volumes from the Neptune Deep offshore project in the Black Sea to start in 2027 as the main contract for infrastructure development has been signed in August.
Saipem will execute engineering, procurement, construction, installation and commissioning services for the project, and the first project construction activities at sea are expected to start by 2025.
Regional Manager for Europe at Saipem Massimo Cristiani said that Neptun Deep is a huge project because at the peak these two gas fields – Pelican and Domino – will produce 8 billion cubic meters per year.
Saipem will cover the Engineering, Procurement, Construction and Installation of the gas processing platform at around 100-meter water depth, two subsea developments, a 30” gas pipeline about 160 kilometres long, and associated fibre optic cable from the Shallow Water Platform (SWS) near the Romanian coast.