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Ijdelea Mihailescu Assists Black Sea Oil & Gas with Gas Transmission Contract for Midia Gas Development Project

Ijdelea Mihailescu Assists Black Sea Oil & Gas with Gas Transmission Contract for Midia Gas Development Project

Romania
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Ijdelea Mihailescu has assisted Black Sea Oil & Gas throughout the performance of the open season capacity booking process and its entrance into a gas transmission contract with SNTGN Transgaz necessary for the Midia Gas Development Project, a project aimed at putting the natural gas of XV Midia Block, offshore Black Sea, into production.

The MGD Project consists of five production wells (one subsea well at the Doina field and four platform wells at the Ana field) and a subsea gas production system over the Doina well which will be connected through an 18 km pipeline with a new unmanned production platform located over Ana field. A 126 km gas pipeline will link the Ana platform to the shore and to a new gas treatment plant. The processed gas will be delivered into the National Transmission System operated by Transgaz at the gas metering station to be found within the gas treatment plant.

Black Sea Oil & Gas is a Romania-based independent oil and gas company, targeting offshore exploration and development of conventional oil & gas resources. It is owned by The Carlyle Group and the EBRD

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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