Currently, 80% of the project is completed.

"Technically speaking, we will start operations in November and kick off production in the first quarter of next year," BSOG chief executive Mark Beacom said during the Oil&Gas conference.

BSOG announced last month that together with its co-venture partners, Petro Ventures Resources and Gas Plus Dacia, it has installed the Ana production platform within the MGD project.

The project consists of five offshore production wells, 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 (78 mile) gas pipeline will link the Ana platform to the shore and to a new onshore gas treatment plant in Corb u commune, Constanta County, with a capacity of 1 billion cubic metres (bcm) per year representing 10% of Romania's consumption, the company said at the time.