JOCAP.
JOCAP completes the offshore installation of the Absheron EPS modules
Баку/11.10.22/Turan: JOCAP (Joint Operating Company Absheron Petroleum B.V.) announced that it is completes the offshore installation of the Absheron EPS modules. The three modules of the future Absheron platform were constructed onshore at the BOS Shelf yard; from where they were lifted onto the transportation barges by the DBA (Azerbaijan crane vessel). The three modules were successfully installed offshore on 17th September onto the jacket where they will need to be connected the existing Azneft PU facilities at the Oil Rocks.
“The completion of the modules fabrication onshore and their installation offshore are significant steps in the overall Absheron EPS project development,” said JOCAP Managing Director Lionel Thomas. “I would like to thank all personnel who contributed to the success of this stage. From now on, JOCAP will focus its efforts on the major offshore operations to safely deliver the first gas from Absheron field within schedule.”
JOCAP is a non-profit Joint Operating Company established and equally owned by partners SOCAR Absheron 50% and TotalEnergies EP Absheron B.V. 50% for the development and production of the Absheron offshore block. The Absheron block is located offshore Azerbaijan in the Caspian Sea, about 100km south east of Baku, 25km north east of Shah Deniz field and 33km south of Oil Rocks production and processing facilities, at the water depth of 500m. The Absheron EPS project, operated by JOCAP, consists of a single well (ABD-001) connected to SOCAR operated Oil Rocks facilities.
Energy
-
The total volume of Azerbaijani gas transported via the TANAP pipeline to Türkiye and Europe reached 75 bcm. "To date, the total volume of gas transported through TANAP – a key link in the Southern Gas Corridor – since the start of supplies has amounted to 75 bcm," TANAP A.Ş. reported yesterday.
-
Azerbaijan and Tatarstan held talks on energy cooperation. According to the Ministry of Energy of Azerbaijan, the discussions took place during a meeting between Azerbaijan's Minister of Energy Parviz Shahbazov and a delegation headed by Tatarstan’s Deputy Prime Minister and Minister of Industry and Trade Oleg Korobchenko.
-
Azerbaijan has significant potential in renewable energy and continues to invest in this area, the Chairman of the Milli Majlis (Parliament) Committee on Natural Resources, Energy, and Ecology, Sadig Gurbanov, stated yesterday at the first plenary session of the spring session of parliament. According to him, the technical potential for renewable energy is estimated at 135 GW on land and 150 GW at sea.
-
The Milli Majlis (Parliament) of Azerbaijan approved the agreement on strategic partnership between Azerbaijan, Kazakhstan, and Uzbekistan in the development and transmission of green energy. This issue was discussed yesterday during the first plenary session of the 2025 spring session of the Milli Majlis.
Leave a review