Geostock have been awarded a contract with Italgas Storage
25 November 11
Geostock finalized on 17 October 2011 a major contract (about 20 000 hours) with the Italian company Italgas Storage concerning the convertion of the depleted Cornegliano field located 30 km South-West Milan to a natural gas storage.
According to this contract, Geostock will be in charge of engineering assistance to the owner for the subsurface, call for tenders, tenders evaluation and drilling contratation. Geostock will then supervise the drilling operations.
The Cornegliano storage facility will have a working gas capacity of 1.3 bcm, with maximum injection and production flowrate of 28 Mm3/day and it will be operated by 14 wells from two clusters.
The drilling will begin mid-2012 and first gas injection is planned for the second half of the year 2014.
Géostock is an international engineering group owned by BP, Entrepose Contracting and Total with over 45 years of experience and know-how in the design, construction and operation of all types of underground storage facilities for liquid, liquefied and gaseous hydrocarbons.
The Geostock Group includes a number of subsidiaries worldwide: in France, in Germany, in Spain, in the United States and in Asia. Together, they represent a wide range of capabilities entirely dedicated to underground storage allowing for a comprehensive offer of services.
Press contact : Christine Marion – Communications - cmn@geostock.fr – (33) 01 47 08 73 00
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