BP selected contractor of underwater works in Azerbaijan
British service company Wood Group was selected by BP as a contractor for providing engineering services for BP’s underwater infrastructure in the Gulf of Mexico, continental shelfs of UK and Norway and the Azerbaijani offshore oil and gas fields, reported Wood Group.
The company reported that the five-year contract envisages operation, program and engineering support and management of the underwater projects by Wood Group Kenny.
“The contract is effective since its signing date. The works in Azerbaijan will be managed from the Baku-based office of Wood Group company,” said the same source.
Wood Group is a British oil and gas service company with the headquarters based on Aberdeen. In 2014 the company’s incomes totaled $6.57 billion.—0—
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review