Service contract at the value of $365 million signed as a part of Shah-Deniz-2
On December 28, 2013 the Shah-Deniz consortium signed another contract to perform the service works as a part of the Shah-Deniz Phase 2.
BP-Azerbaijan company (the project operator) reported that the contract envisages primary engineering design, project management and maintenance services.
The contract has been signed with the US KBR company. The cost of the contract is $365,000,000.
The works are planned to begin in January 2014 and end in 2018.
The contract envisages support for the engineering design of the offshore complex, which consists of two offshore platforms connected with a bridge as well as two gas technological lines, which consist of the gas refining installation and condensate refining installation on the Sangachal terminal.
This is the third contract signed as a part of the Shah-Deniz Phase 2 project.
The partners of development of the Shah-Deniz field with 1.2 trillion cub.m. of resources are BP (28.8%), SOCAR (16.7%), Norwegian Statoil (15.5%), Iranian NICO (10%), French Total (10%), Russian LUKoil (10%) and Turkish TPAO (9%).
* KBR (former name Kellogg Brown & Root) is a leading US engineering-construction, design and service company. It is also among the leading suppliers of Pentagon and US army throughout the world. The company has been fulfilling orders in Azerbaijan since the mid 1990s. Almost all the orders in Azerbaijan were related to BP projects.—0--
-
- Economics
- 7 January 2014 13:32
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review