OMV Petrom retires Gloria off Romania
Local player GSP Offshore to handle the work in the Black Sea
OMV Petrom is starting the decommissioning of Romania’s Gloria offshore platform, which will retire after more than 40 years of service.
“It is a complex process, which will be undertaken for the first time in Romania,” Petrom said in a statement.
“GSP Offshore, a Romanian company, has won the tender for removal services, with an estimated value of approximately €5 million ($5.5 million),” it added.
“The Gloria platform has made its full contribution to ensuring Romania's energy supply. Its cumulated production over the last 20 years is equivalent to over 20 million car refuels and the energy for heating 170,000 homes,” Peter Zeilinger, the member of Petrom’s executive board responsible for upstream, said.
“However, the platform has reached the end of its economic lifetime and it needs to be decommissioned. We will make every effort to carry out this process efficiently and in a safe manner.
“The Gloria platform will remain in the history of the offshore industry in Romania. We will continue to operate the other six offshore production platforms, which provide over 16% of the group's production,” Zeilinger said.
Gloria is located approximately 30 kilometres from shore in water depths of around 40 metres and was used as a production platform.
Production at Gloria has already ceased, according to the Romanian mineral resources regulator (ANRM).
Output was around 200 barrels per day, accounting for less than 0.15% of Petrom's total production.
The pair are looking to develop the giant offshore block, which holds the Domino discovery, but last year a final investment decision was delayed after a new offshore law was introduced.
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