Azerbaijan News

 

BP Plans No Azeri Platform Shutdowns in 2018

Feb 16, 2018

British oil major BP, which operates a number of oil and gas fields in Azerbaijan, plans no maintenance shutdowns of platforms there this year and intends to advance with new projects, BP's regional president told Reuters. 'There aren't any turnarounds planned for this year…

KBR, SOCAR JV wins Azeri work

Jan 16, 2018

Azerbaijan’s SOCAR and US engineering firm KBR’s joint venture will provide front-end engineering design services (FEED) for a new production, drilling and quarters platform, Azeri Central East (ACE), for the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea…

Topaz inks Ashberon gig

Sep 25, 2017

Topaz Energy and Marine has inked a contract with Total to support operations offshore Azerbaijan. Total is operating, on behalf of Joined Operating Company for Absheron Project, a joint venture between SOCAR (50%) and Total (50%).  First discovered in 2011…

OE17: Azerbaijani opportunities

Sep 14, 2017

The UK Department of International Trade (DIT) is urging UK companies to invest in Azerbaijan’s oil and gas sector, citing the opportunities available in the “Motherland of Oil.' “People who think they know about Baku and Azerbaijan should take another look…

BP's "Contract of the Century" extended to 2049

Sep 14, 2017

In 1994, when BP and SOCAR signed a deal for the development of the Azeri, Chirag and Gunashli oil fields in the deepwaters of the Caspian Sea, it was dubbed the 'Contract of the Century.' Now, the 'Contract of the New Century' has been signed…

OE17: Opportunities in Azerbaijan

Sep 07, 2017

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…

EnerMech get Caspian contracts

Apr 03, 2017

Mechanical services group EnerMech has strengthened its market position in the Caspian region by securing contracts with major operators valued at more than US$49.8 million (£40 million). The contracts involve a number of EnerMech service lines including cranes and lifting…

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…

Current News

Chartwell Marine to Design CTV for NR Marine Services

Chartwell Marine to Design CTV

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Equinor Selects Baker Hughes f

Poland to Open 4GW Offshore Wind Auction in December

Poland to Open 4GW Offshore Wi

North Sea Operator Picks OEG for Offshore Helifuel Services

North Sea Operator Picks OEG f

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine