414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • Lukoil paying $2.25 billion for Shah Deniz stake

    8 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Lukoil has concluded an agreement on acquiring an interest in the Shah Deniz gas project in the Caspian Sea from Petronas.

  • Shah Deniz Awards Stage 2 Contracts

    19 March 2014

    The Shah Deniz and South Caucasus Pipeline consortia announced that they are moving forward at pace with the awards of key contracts for the development of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The contracts, covering both project management services and construction, follow the final investment decisions announced on 17 […]

  • Shah Deniz Makes Stage 2 FID

    17 December 2013

    The Shah Deniz consortium announced the final investment decision for the Stage 2 development of the Shah Deniz gas field in the Caspian Sea, offshore Azerbaijan. This decision triggers plans to expand the South Caucasus Pipeline through Azerbaijan and Georgia, to construct the Trans Anatolian Gas Pipeline (TANAP) across Turkey and to construct the Trans […]

  • FID Made for Shah Deniz Stage 2

    17 December 2013

    The Shah Deniz consortium today announced the final investment decision (FID) for the Stage 2 development of the Shah Deniz gas field in the Caspian Sea, offshore Azerbaijan.  This decision triggers plans to expand the South Caucasus Pipeline through Azerbaijan and Georgia, to construct the Trans Anatolian Gas Pipeline (TANAP) across Turkey and to construct […]

  • BP sheds light on Shah Deniz shutdown (Azerbaijan)

    4 August 2015

    Offshore Energy Today, citing Azeri news sources, yesterday reported that BP had shut down production from its Shah Deniz platform in the Caspian Sea. Trend news agency quoted BP as saying that the platform had been shut for regular maintenance. Yesterday we reached out to BP seeking more details. Below is the response from BP we […]

  • Azerbaijan: the Shah Deniz field comes on stream

    18 December 2006

    Total announces the start-up of commercial gas production of the Shah Deniz gas condensate development project located in the Azerbaijan area of the Caspian Sea, approximately 70 kilometres south of Baku. Discovered in 1999, the field is lying in water depths ranging from 50 metres in the northwestern to 600 metres in the southeastern section […]

  • Baku Shipyard to Build Subsea Vessel for Shah Deniz

    23 April 2014
    Business & Finance, Project & Tenders

    Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a Subsea Construction Vessel (SCV). When completed, the SCV will be deployed for the Stage 2 development of the Shah Deniz field, which lies […]

  • ShawCor Nets Another Shah Deniz 2 Contract

    20 November 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The Shah Deniz consortium has awarded a further two contracts key to the progress of the Shah Deniz Stage 2 development project. The two contracts have a combined value of $226 million and have been awarded to ShawCor Nederland B.V. (Bredero), part of the Bredero Shaw pipe coating division. Together with the previously awarded contracts relating […]

  • Turkey, Azerbaijan Ink Shah Deniz Gas Deal

    26 October 2011

    Turkey and Azerbaijan signed a Shah Deniz natural gas purchase deal on Tuesday, Turkish Prime Minister Tayyip Erdogan told a joint news conf… (reuters) [mappress] Source: reuters, October 26, 2011;

  • Shah Deniz Stage 2 Fabrication Contracts Awarded

    11 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    The Shah Deniz consortium informed that the Stage 2 project continues to progress on schedule with further major construction and supply contracts recently awarded. The contract for the fabrication of the jackets for the two planned offshore platforms, pin piles and subsea structures has been awarded to the consortium consisting of BOS Shelf LLC, Saipem […]

  • Lukoil receives $200M Loan for Shah Deniz development

    27 February 2014
    Business & Finance, Project & Tenders

    The European Bank for Reconstruction and Development (EBRD) is continuing to invest in projects that will strengthen the security of energy supply in its region of operations. The EBRD is extending a senior loan of US$ 200 million to LUKOIL Overseas Shah Deniz Ltd, a wholly-owned subsidiary of LUKOIL Overseas, the operator of LUKOIL’s overseas […]

  • Total Sells Shah Deniz Interest for $1.5 Bln

    30 May 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Total has signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion and is subject to customary approvals. “The sale of our interest in Shah Deniz is in line with Total’s active portfolio […]

  • Statoil completes sale of Shah Deniz field stake

    1 May 2015
    Project & Tenders

    On Thursday, April 30, 2015, Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on October 13, 2014. The sale involved the transfer of Statoil’s 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding […]

  • Trelleborg’s foam buoyancy systems for Shah Deniz

    17 July 2014
    Business & Finance, Equipment, Project & Tenders

    Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the prestigious second phase development of the Shah Deniz field offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package; filled with its high temperature syntactic foam. Lee Roskell, Proposals Manager within Trelleborg Offshore and […]

  • TAP Submits Bid to Shah Deniz Consortium (Azerbaijan)

    3 October 2011

    This weekend marked an historic moment for the TAP project. On Saturday, 1st of October 2011, TAP Submitted its proposal to transport 10 billion cubic metres of gas a year from the giant Shah Deniz II field in Azerbaijan to the energy markets of Europe.   By opening up the Southern Gas Corridor, TAP would help […]

  • Expro awarded $100M Shah Deniz subsea contract

    23 April 2014
    Business & Finance, Equipment, Project & Tenders

    Expro has secured a milestone subsea contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea, one of Expro’s largest Europe CIS contracts to date. The 5-year contract, worth almost $100m, will see the UK-based Expro provide completion landing string equipment and services for the installation and completion of Shah […]

  • BP shuts production from Shah Deniz platform

    3 August 2015

    British oil giant BP has reportedly suspended production from the Shah Deniz offshore field in the Caspian Sea. According to the Azeri news agency Trend, the oil and gas company which operates the giant gas-condensate field together with several other oil companies, stopped production at the Shah Deniz offshore platform for inspections and maintenance on […]

  • VIDEO: Shah Deniz Stage 2 well underway

    14 August 2015
    Project & Tenders

    The operator of the Shah Deniz field, the UK oil and gas major BP, has released a video showing the progress of the Shah Deniz Stage 2 project.  According to BP, Shah Deniz Stage 2 is one of the largest gas developments in the world that will help increase European energy security by bringing Caspian gas resources […]

  • Shah Deniz Consortium Evaluates Gas Transportation Options

    2 May 2013

    The Shah Deniz consortium has begun evaluating binding transportation offers from the two pipeline consortia offering to carry gas from the Shah Deniz field in Azerbaijan into Europe. This represents another important milestone in the realisation of the Southern Gas Corridor. The two consortia, Nabucco Gas Pipeline International and Trans Adriatic Pipeline (TAP), have been […]

  • SOCAR, Cape JV nets Shah Deniz gig

    5 February 2015
    Business & Finance

    SOCAR Cape joint venture has been awarded three contracts in Azerbaijan. The contracts are for the supply of services to projects that are part of the development of the Shah Deniz field, a natural gas development in Azerbaijan.   The three contracts are expected to be worth in excess of $65m for the joint venture. The […]

  • Azerbaijan: Shah Deniz Partners Select TAP Pipeline

    22 February 2012
    Business & Finance

    Shah Deniz consortium in Azerbaijan lead by BP and SOCAR has selected Trans Adriatic Pipeline over the ITGI (Interconnector Turkey-Greece-Italy) as the pipeline route for Caspian natural gas. The pipeline will carry gas from Shah Deniz field located in the Caspian Sea to Italy and further to Western Europe. The negotiations on the project between TAP […]

  • ShawCor bags another pipe coating gig for Shah Deniz

    18 November 2014
    Business & Finance, Equipment, Project & Tenders

    ShawCor Ltd. today announced that its pipe coating division, Bredero Shaw, has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. ShawCor says the contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) […]

  • Emerson Completes Shah Deniz 2 Contract in Azerbaijan

    29 July 2019
    Operations & Maintenance

    Emerson has completed $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan. Emerson’s support services, predictive reliability software and digital twin solutions will help optimize operations and achieve reliable performance. The $28 billion project includes the first subsea development in the Caspian Sea. At plateau, the […]

  • BP installs second Shah Deniz 2 platform

    20 September 2017
    Project & Tenders

    Oil major BP has installed the topsides of the production and risers (PR) platform for the Shah Deniz Stage 2 project in the Caspian Sea. BP said on Wednesday that the PR platform topsides unit, which was completed ahead of schedule, had sailed away to the Shah Deniz contract area from the Azfen fabrication yard […]

  • Shah Deniz Partners Shell Out Cash for TAP

    9 August 2012
    Business & Finance

    The Trans Adriatic Pipeline announced today that TAP and its existing shareholders EGL, Statoil and E.ON Ruhrgas have reached an agreement with members of the Shah Deniz Consortium to secure funding for the TAP project. These funds will contribute towards continued work in several important areas during the period running up to the final routing […]