KBR JV lands two FEED deals for Azeri Central East platform
KBR and its joint venture with Socar has been awarded two separate Front-End Engineering Design (FEED) contracts for a new production, drilling, quarters (PDQ) platform – the Azeri Central East (ACE) – to be located in the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea.
The ACG field is located about 100km east of Baku and is the largest oilfield in the Azerbaijan sector of the Caspian basin.
The contracts, which were awarded by the Azerbaijan International Oil Company, cover the provision of FEED services for the new platform, along with associated brownfield tie-ins to other existing platforms in the ACG field, and a separate contract for the subsea services FEED, KBR informed on Tuesday.
Following previous awards to other regional and international clients, these contracts mark the 4th and 5th awards to the joint venture, SOCAR-KBR Limited Liability Company (SOCAR-KBR), since its inception in mid-2015.
Jay Ibrahim, President, EMEA, said: “These projects will be led by the Caspian engineering team in London with maximum local execution support from the Baku office where local engineers are delivering various projects under the SOCAR-KBR umbrella.”
The value of the contract was booked into the backlog of unfilled orders for KBR’s Engineering & Construction business segment in 4Q of 2017.