Topaz Energy & Marine to deliver new vessels to BP for operations in Azerbaijan

Topaz Energy  Marine will deliver BP two vessel for the oil platform maintenance (PSV) in the Azerbaijani sector of the Caspian Sea, reported Trade Arabia on Monday.

According to the same report, total cost of the contract is $100 million. The vessels must be delivered to BP in quarter 4, 2013 and in quarter 2, 2014.

The vessels will be used by the British company to support operations on the Azeri-Chirag-Guneshli (ACG) bloc of oil and gas fields and Phase 2 of the Shah-Deniz gas condensate field development.

BP is the main foreign oil investor in Azerbaijan and it operates the projects to develop ACG and Shah-Deniz fields.—0—

 

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