The operator, ENI, has informed Mediterranean O&G that the field development plan for the Guendalina gas field continues to progress on schedule and "first gas" is expected to occur in September 2011.

Construction of the jacket has been completed. Its installation is progressing on schedule and should be completed, subject to sea and weather conditions, in approximately 2 weeks.

Construction of the deck is progressing on schedule, with installation forecast to occur immediately following completion of the development drilling phase. The drilling campaign for 2 wells is expected to commence in late March 2011. It is expected that 4 months will be required to complete the well. All development contracts have been awarded. Total project cost is substantially confirmed.

Tags: Mediterranean Oil & Gas Plc