414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • Socar, Statoil Discuss Joint Oil and Gas Projects (Azerbaijan)

    12 October 2012
    Business & Finance

    On October 11, SOCAR President Rovnag Abdullayev met with Statoil delegation led by executive vice presidents Lars Christian Bacher and Eldar Saetre. Welcoming the guests, Abdullayev emphasized that SOCAR and Statoil have a longstanding successful cooperation. Talking about the energy projects carried out in the country, SOCAR President said Azerbaijan supported South Corridor project that […]

  • Topaz’s OSV Flotilla to Support BP in Caspian Sea

    3 March 2016
    Business & Finance

    UAE-based offshore support vessel company Topaz Energy and Marine has secured fourteen offshore support vessel contracts with oil and gas giant BP Exploration Caspian Sea. Under the terms of the deal, Topaz will supply the vessels for a five year period plus two one-year options at current market terms, primarily in support of BP’s ACG and Shah Deniz […]

  • HydraWell Scores Caspian Sea P&A Work

    16 February 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Total, acting as operator for and on behalf of a consortium presently composed of Total and Socar, has tasked HydraWell to execute a part of plug & abandonment campaign at the Absheron field in the Caspian Sea. To execute the campaign, HydraWell will utilise its HydraHemera Perf, Wash and Cement (PWC) jetting system. “We have […]

  • Greece Govt and TAP Agree Host Government Agreement

    21 June 2013

    The Greek Government (the Ministry of Energy, Environment and Climate Change – MEECC) and the Trans Adriatic Pipeline (TAP) project have agreed the Host Government Agreement (HGA) in Athens. The HGA sets out the framework by which the project will be realized and operated on Greek territory. This includes processes related to land easement and […]

  • BP shuts down oil production at offshore platform in Azerbaijan

    29 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

  • TAP Welcomes Turkey-Azerbaijan Deal

    27 June 2012

    The Trans Adriatic Pipeline (TAP) today welcomed news of the signing of an inter-governmental agreement (IGA) on the Trans-Anatolian gas pipeline project (TANAP) by President Ilham Aliyev of Azerbaijan and Prime Minister Recep Tayyip Erdogan of Turkey. TAP Managing Director Kjetil Tungland said: “The signing of this agreement is a significant and very timely step […]

  • Khankendi Wraps Up Its First Caspian Sea Job

    27 November 2017
    Business & Finance, Operations & Maintenance

    The subsea construction vessel (SCV) ‘Khankendi’, built for Shah Deniz 2 project, has completed its first project installation activity in the Caspian Sea offshore Azerbaijan. The official launch of the new $378-million vessel took place in Baku in September this year. The vessel is 155 meters in length and 32 meters in width with 2000 […]

  • Blue Water: Khankendi SCV Hull En Route to Caspian Sea

    18 September 2015
    Equipment, Operations & Maintenance

    Blue Water and Baku Shipyard signed a logistics contract, earlier this year, covering the transport of two hull sections for “Khankendi” Subsea Construction Vessel (SCV). Now, the two sections weighing a total of 10,800 tons have left Singapore heading for the Caspian Sea. The route goes through the Suez Canal and the Black Sea proceeding […]

  • Greece, TAP Begin Host Government Agreement Talks

    28 December 2012

    The Trans Adriatic Pipeline (TAP) and the Greek government formally initiated the process to conclude the Host Government Agreement that will govern the group’s investment. At 1.5 billion Euros, this is expected to be the single largest current Foreign Direct Investment (FDI) in Greece. TAP is competing to deliver gas from Azerbaijan into Europe and, […]

  • SOCAR Buys Seven Tankers from Palmali Shipping

    15 March 2017
    Business & Finance

    Azerbaijan’s national oil company The State Oil Company of Azerbaijan Republic (SOCAR) has bought seven tankers from Turkish shipping firm Palmali Shipping, according to data provided by VesselsValue.  The price of the seven ships, which encompass two Suezmaxes and five Aframaxes, was not disclosed. SOCAR confirmed to World Maritime News that the company acquired the aforementioned ships, […]

  • Total: Absheron Discovery Declared Commercial (Azerbaijan)

    2 July 2012
    Business & Finance

    A ‘Notice of Discovery and its Commerciality’ for the Absheron discovery was submitted on June, 1 on behalf of the partnership Socar – Total – GDF Suez by operator Total E&P Absheron. The step is described as “an important milestone in the frame work of the Agreement on Exploration, Development and Production Sharing for the […]

  • TAP Construction Kicks Off

    17 May 2016
    Business & Finance, Operations & Maintenance

    Construction works of the Trans Adriatic Pipeline (TAP) start today at the official launching ceremony in Thessaloniki, Greece, hosted by Greek prime minister Alexis Tsipras. TAP will be an 870 km long gas pipeline running from Komotini in Greece to Puglia in Italy, via Albania. It will be used to transport gas from Shah Deniz […]

  • Topaz to provide 14 OSVs for BP in Azerbaijan

    3 March 2016
    Business & Finance

    Topaz Energy and Marine, an offshore support vessel company, has secured 14 offshore support vessel contracts with BP in Azerbaijan.  Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five year period plus two one-year options at current market terms, primarily in support of BP’s ACG and Shah Deniz II […]

  • Top Videos of 2017

    2 January 2018
    Equipment, Operations & Maintenance

    Subsea World News has gathered the most popular videos of 2017. We have seen many interesting videos in the past year. Here are the industry’s most-watched clips of 2017: The Largest Jacket on NCS Standing 140 metres tall and weighing 26 000 tonnes, the first jacket for Johan Sverdrup is the largest on the Norwegian […]

  • Norway: Statoil Records Solid Q2 Results

    25 July 2013

    Statoils second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2013,” says Helge Lund, Statoil’s president and CEO. “Our financial results were […]

  • Works on gas pipeline stopped after ancient settlement found

    10 May 2017

    The construction of the Trans Adriatic Pipeline in Albania has been stopped after an ancient settlement has been discovered at the designated route. The pipeline is being built to carry gas from the Shah Deniz field in the Caspian Sea, off Azerbaijan, to Europe. It will connect with with the Trans Anatolian Pipeline (TANAP) near […]

  • Technip wins PMC job for TAP

    21 July 2015
    Project & Tenders

    Technip said it has been awarded a project management consultancy services contract by TAP, for a project designed to transport gas from the Shah Deniz field to the European market.

  • Gallery: SCV Khankendi hull on its way to Caspian Sea

    18 September 2015
    Equipment

    Blue Water Shipping, an international shipping company, has informed that two hull sections for a subsea construction vessel (SCV) Khankendi being built by Baku Shipyard, have left Singapore heading for the Caspian Sea. Blue Water signed a logistics contract with Baku Shipyard covering the transport of two hull sections earlier this year. According to Blue Water, the […]

  • Enagás, Fluxys Buy Out Total, E.ON from TAP Project

    30 September 2014
    Business & Finance, Operations & Maintenance

    Enagás and Fluxys have signed an agreement to acquire 19% of Total and E.ON’s stake in the company that is developing the Trans Adriatic Pipeline (TAP) project, in which Enagás will hold a 16% stake. TAP’s shareholding is now comprised of BP (20%), Socar (20%), Statoil (20%), Fluxys (19%), Enagás (16%) and Axpo (5%). Fluxys previously […]

  • TAP, TANAP Enjoy Close Cooperation (Turkey)

    7 March 2013

    On 22 November 2012, the Trans Adriatic Pipeline AG (TAP) and the Trans Anatolian Gas Pipeline Company B.V. (TANAP) signed a Memorandum of Understanding and Cooperation. The agreement establishes a technical and commercial cooperation between the two parties and formalises a mutual framework and forum for coordinated activities and exchanges of information. As a result, […]

  • Statoil Delivers Strong Earnings from International Portfolio

    25 July 2013
    Business & Finance, Operations & Maintenance

    Statoil’s second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2013,” says Helge Lund, Statoil’s president and CEO. “Our financial results […]

  • Trans Adriatic Pipeline secures $4.5 billion financing deal

    14 January 2019

    TAP secured project financing worth EUR 3.9 billion in December 2018 making it the largest financing agreement for a European infrastructure project in 2018.

  • Expro Boosts Azerbaijan Foothold with BP Contract Extension

    20 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    Expro, has strengthened the opening of its new purpose-built facilities in Baku, winning a four-year contract extension for BP’s Shah Deniz Stage 2 project. The contract extension will see Expro continue its provision of subsea landing string equipment and services to the project in the South Caspian Sea. In 2014, Expro secured a five-year contract […]

  • Technip wins PMC job for TAP

    21 July 2015
    Project & Tenders

    Technip said it has been awarded a project management consultancy services contract by TAP, for a project designed to transport gas from the Shah Deniz field to the European market.

  • Agility Group bags subsea deals in Azerbaijan and Norway

    24 December 2015

    Norway’s Agility Subsea Fabrication has over the recent months secured contracts worth more than NOK 500 million ($57.6 million) for the delivery of subsea structures. The contracts include the delivery of manifolds, foundations and well jumpers to the second phase of  the Shah Deniz development project in the Caspian Sea, as well as the delivery […]