GAC Marine to support Petronas’ drilling operations off Turkmenistan
- Business & Finance
GAC Marine has been awarded two contracts by Petronas Carigali to provide marine services for its development of the Garagol Deniz West field in the Caspian Sea.
GAC Marine said on Wednesday that its Turkmenistan entity was awarded a deal to supply three anchor-handling vessels for 24-hour support of drilling operations.
The company added that this included transporting personnel and equipment from the onshore supply base to offshore facilities and between offshore rigs and platforms, oil spill response, accommodation, standby and emergency response support.
Nigel Bush, GAC Turkmenistan marine manager, said: “GAC Marine has provided comprehensive marine services to support Petronas’ offshore operations since our establishment in 2000 as one of the first foreign vessel operations in Turkmenistan.”
It is worth noting that GAC Marine also secured a three-year contract to provide a tug supply vessel to support Petronas’ ongoing operations in Turkmenistan.
The Garagol Deniz West offshore oil project is an extension of the Garagol Deniz offshore oil field development project offshore Turkmenistan in the Caspian Sea.
The development involves a wellhead platform with 75 kilometers of crude pipelines to the onshore gas terminal at Kiyanly. Gas is combined with existing gas production onshore, and oil is exported via tankers through a single point mooring system.
Garagol Deniz is located in Block 1 contract area which covers around 1,467 square kilometers, which also includes Diyarbakir, Magtymguly, Ovez, and Mashrykov fields.
The explored reserves reach at least one trillion cubic meters of gas, more than 200 million tons of oil and 300 million tons of gas condensate.