radiator
1.9K posts

radiator
@bogdaniva
saddle your soul and let it ride with blind eyes, you'll surely find the way





Europe's biggest new gas project just started drilling. First gas in 2027🧵 Neptun Deep. 160 km offshore Romania in the Black Sea. 100 bcm of recoverable gas across two fields Domino and Pelican South. Operators: OMV Petrom and Romgaz, 50/50. Total capex: up to €4 billion. Construction is now fully underway across 3 workstreams simultaneously: → First development well spudded at Pelican South. 10 production wells planned total. → 160 km, 30-inch subsea pipeline under construction. Saipem holds a $1.75 bn contract. → Neptun Alpha production platform being fabricated in Indonesia. Topsides complete. Sail away planned for 2026. At plateau, the field will produce 8 bcm/year. Romania's entire current domestic output is 9.2 bcm/year. Neptun Deep alone will nearly double the country's gas production and turn it into a net exporter. With Groningen gone and Russian pipeline supply structurally curtailed, the EU has very few large indigenous gas additions arriving this decade. Neptun Deep is one of them. Surplus volumes are expected to flow toward Moldova, Slovakia, Hungary and Germany via existing interconnectors. Romania is on track to become the largest gas producer in the EU.




































