Azerbaijan News

 

Shah Deniz QU topsides set sail

Jun 01, 2017

The first topsides unit built for the Shah Deniz stage 2 platforms is now en route from the Azfen fabrication yard in Bibi-Heybat to the Shah Deniz contract area in the Caspian Sea offshore Azerbaijan. BP announced 1 June that the topsides transportation…

BP to finalize Azerbaijan extension in June

Jun 01, 2017

BP has set its sights to extend its Azerbaijan presence until 2050, as the UK supermajor is expected to sign a deal at the end of the month for one of the world’s largest oilfields. The ACG field…

Keppel O&M set to deliver SOCAR newbuild

May 18, 2017

Keppel Offshore & Marine Ltd (Keppel O&M) is set to deliver SOCAR’s newbuild, the recently named Heydar Aliyev semisubmersible drilling rig. Keppel O&M through its subsidiary in Azerbaijan, Caspian Shipyard Co. (CSC), will deliver the Heydar Aliyev to Caspian Drilling Co…

BP names AGT president, production COO

Mar 16, 2017

BP has named appointments for the regional president for Azerbaijan, Georgia and Turkey (AGT), and for the chief operating officer, production, transformation and carbon.  Gary Jones has been appointed the new regional president for AGT…

Wood Group wins global BP pre-FEED, FEED work

Feb 14, 2017

Wood Group has been awarded a three-year global agreement with BP for the provision of conceptual engineering services, pre-front end engineering design (pre-FEED) and FEED engineering services. The agreement has an option to extend for two additional years…

BP to lead Azeri-Chirag-Gunashli for another 30 years

Dec 23, 2016

BP is set to continue running one of the world's largest oilfields after a letter of intent for the 'contract of the century' was signed off by Azerbaijan's state oil firm Socar. BP leads the Azerbaijan International Operating Co. (AIOC)…

Shah Deniz II gets US$1 billion investment

Dec 08, 2016

Manila’s Asian Development Bank (ADB) is investing US$1 billion in the expansion of the BP-led Shah Deniz II project, offshore Azerbaijan in the Caspian Sea. Welding of Shah Deniz II jackets being fabricated at BDJF…

Total, Socar to develop Azerbaijan find

Nov 21, 2016

Total and Socar, the national oil company of Azerbaijan, signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate field, located in the Caspian Sea. The development…

Shah Deniz 2 jacket sails away

Sep 01, 2016

The Shah Deniz Stage 2 platforms sailed away from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) for offshore installation for the BP-led project offshore Azerbaijan.  Shah Deniz 2 jacket…

BP, Socar sign MOU

May 26, 2016

Azerbaijan's state oil firm Socar and BP have signed a memorandum of understanding (MOU) to jointly explore potential prospects in block D230 in the North Absheron Basin in the Azerbaijan sector of the Caspian Sea. The MOU gives BP the…

Wood Group wins significant BP Caspian work

Apr 28, 2016

Wood Group has won a new five-year contract with BP-operated projects, valued at US$500 million, to deliver services to eight facilities, offshore Azerbaijan. Effective immediately, Wood Group PSN (WGPSN) will provide engineering, procurement…

Worley wins BP Caspian engineering contract

Apr 13, 2016

WorleyParsons has been awarded a five-year engineering, procurement and construction management (EPCM) services contract for BP-operated assets in Azerbaijan, Georgia and Turkey. Under the agreement, WorleyParsons will provide EPCM services…

BP Caspian Sea contracts 14 OSVs

Mar 03, 2016

BP's Caspian Sea unit has inked 14 offshore support vessel contracts with Topaz Energy and Marine.   The contracts cover a five-year period plus two one-year options at current market terms and will be primarily in support of BP’s ACG and Shah Deniz II fields offshore Azerbaijan…

BP awards Datum360 Azerbaijan work

Jan 06, 2016

Datum360 has been awarded – and has already delivered – a contract to deploy its Software as a Service (SaaS) solution that will standardize engineering information for the largest oilfield project in the Azerbaijan sector of the Caspian basin…

BP Caspian work for KCA Deutag

Dec 17, 2015

Drilling and engineering contractor KCA Deutag has been awarded two contracts with BP Exploration (Caspian Sea) with about US$360 million for the initial contract or $1 billion including all options. The first contract has been awarded…

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