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--
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- Economics
- 7 January 2014 13:32
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