Close 

GDF Suez lets Cygnus field FEED contract

GDF Suez E&P UK has taken a step toward development of its large Cygnus natural gas discovery in the southern gas basin of the UK North Sea.

The company let a front-end engineering design contract worth an estimated £50 million to AMEC, London, with an option to proceed into to the detailed design and procurement phase.

Jean-Claude Perdigues, managing director of GDF Suez E&P UK, said a final investment decision is due in 2012.

Last year Endeavour International Corp., a 12.5% partner, said well and seismic data indicated Cygnus might have 500 bcf to as much as 1.2 tcf of gas reserves (OGJ Online, July 7, 2010).


To access this Article, go to:
http://www.ogj.com/content/ogj/en/articles/2011/10/gdf-suez-lets-cygnus-field-feed-contract.html