414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • BP sends second Shah Deniz 2 jacket offshore

    16 March 2017
    Project & Tenders

    BP, the operator of the Shah Deniz 2 project, has informed of the sail away of the second jacket for the Caspian Sea project’s platforms.  The Quarters and Utilities (QU) platform jacket sailed away to the Shah Deniz contract area in the Caspian Sea from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) ahead of schedule […]

  • FMC Technologies confirms Shah Deniz deal worth $332M

    14 April 2014
    Business & Finance, Equipment

    FMC Technologies, Inc. announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and connection equipment as well as […]

  • GAS to support Saipem during Shah Deniz pipeline work

    6 August 2015
    Business & Finance

    GAS, member of Lighthouse Group, has been awarded a long-term contract from Saipem to provide offshore survey services on board the dive-support vessel Akademik Tofiq Ismayilov on BP-operated Shah Deniz field in the Caspian Sea. Under the contract, GAS will provide services on board the vessel during the installation of the export and infield pipelines for […]

  • VIDEO: BP launches second Shah Deniz 2 jacket

    6 April 2017

    Oil giant BP, the operator of the Shah Deniz 2 project, has posted a video on its YouTube channel of the sail away and launch of the Caspian Sea project’s quarters and utilities (QU) platform jacket. The jacket sailed away to the Shah Deniz contract area in the Caspian Sea from the Heydar Aliyev Baku […]

  • Shah Deniz 2 Subsea Construction Vessel Launched in Azerbaijan

    18 May 2016
    Business & Finance, Operations & Maintenance

      The Shah Deniz consortium informed that the subsea construction vessel (SCV) “Khankendi” re-floated into the Caspian Sea at the Baku Shipyard quay. The vessel has been specifically designed and built to install the subsea structures of the giant Shah Deniz Stage 2 gas development project. This follows the safe transportation of the vessel’s hull […]

  • BP cheers biggest Shah Deniz milestone in 2021 after deepwater flank start-up

    6 July 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The BP-led Shah Deniz consortium has started production from the East South flank – the biggest milestone planned for the project this year.

  • Shah Deniz Consortium Secures Funding for Trans Adriatic Pipeline

    9 August 2012
    Business & Finance, Operations & Maintenance

    The Trans Adriatic Pipeline announced 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 decision, […]

  • Azerbaijan: Shah Deniz Stage 2 Project FEED Begins

    17 April 2012
    Business & Finance, Operations & Maintenance, Research & Development

    The Shah Deniz consortium has reached an important milestone and approved the decision to commence Front End Engineering and Design (FEED) on the estimated $25 billion Shah Deniz Stage 2 project. This was officially announced in Baku during the meeting between the President of the Republic of Azerbaijan H.E. Ilham Aliyev and Bob Dudley, Group […]

  • Lukoil and Petronas change Shah Deniz deal due to pre-emption by partners

    10 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Lukoil and Petronas have changed their previous agreement related to Lukoil’s acquisition of an interest in the Shah Deniz project.

  • Saipem Bags USD 1.3 Bln Shah Deniz Gig

    3 May 2016
    Operations & Maintenance, Project & Tenders

    Saipem and its consortium partners Bos Shelf and Star Gulf have secured USD 1.5 billion Shah Deniz Stage 2 contract from BP. Saipem share in the contract is approximately USD 1.3 billion, the company informed. The contract duration is for five years plus a possible extension for a further five years. The scope of work includes the transport and […]

  • UK: Foreign Secretary Hails Shah Deniz 2 Deal

    17 December 2013

    New gas development increases diversity of energy supply to Europe and underlines UK and BP’s commitment to future of Azerbaijan. UK Foreign Secretary William Hague visited Baku today to witness the signing of the final investment decision on a new gas development led by BP, which consolidates the UK’s position as the largest foreign investor […]

  • BP orders heating systems for Shah Deniz subsea pipelines

    8 May 2014

    Siemens Energy has received an order to deliver customized direct electrical heating (DEH) power supply systems for ten subsea flow lines, with an option for two additional systems.   Customer is BP Exploration Limited and all the systems are to be deployed on BP-operated Shah Deniz gas field in the Azerbaijan sector of the Caspian […]

  • Wood Group Kenny nets Shah Deniz subsea contract

    3 June 2014
    Business & Finance, Equipment

    Wood Group Kenny (WGK) has been awarded a £36 million call-off contract, for 2014, with BP Azerbaijan under their 2007 Global Agreement. The contract will cover engineering and project management services for the Shah Deniz 2 Subsea Execute phase. WGK has worked with BP on the Shah Deniz project since 2008 to provide engineering support […]

  • BP brings online $28B Shah Deniz 2 offshore project in Azerbaijan

    2 July 2018
    Project & Tenders

    BP’s giant Shah Deniz 2 gas project in Azerbaijan has been launched including its first commercial gas delivery to Turkey, the UK oil and gas firm said on Monday.

  • BP brings online another section of its largest gas discovery ever made

    27 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP has tucked a new milestone under its belt at a giant gas development off the coast of Azerbaijan by putting East North flank into production mode.

  • Shah Deniz Phase 2 and SCPX Projects Move Ahead

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

    The South Caucasus Pipeline Company (SCPC) and the Shah Deniz consortium announce the award of the pipeline construction contract for the South Caucasus Pipeline Expansion (SCPX) project. This award adds to the 14 contracts already announced and underlines the overall progress to schedule of Shah Deniz phase 2. With most of the main contracts already […]

  • Azerbaijan: Shah Deniz Stage 2 FEED Gets Nod

    17 April 2012
    Business & Finance

    The Shah Deniz consortium has reached an important milestone and approved the decision to commence Front End Engineering and Design (FEED) on the estimated $25 billion Shah Deniz Stage 2 project. This was officially announced in Baku today during the meeting between the President of the Republic of Azerbaijan H.E. Ilham Aliyev and Bob Dudley, […]

  • Azerbaijan: Shah Deniz Stage 2 Project Moves Forward

    17 April 2012

    The Shah Deniz consortium has reached an important milestone and approved the decision to commence Front End Engineering and Design (FEED) on the estimated $25 billion Shah Deniz Stage 2 project. This was officially announced in Baku today during the meeting between the President of the Republic of Azerbaijan H.E. Ilham Aliyev and Bob Dudley, […]

  • Azerbaijan, Turkey Pen Shah Deniz Natural Gas Deals

    28 October 2011
    Business & Finance

    The Republic of Azerbaijan and the Republic of Turkey have signed a number of key gas export related agreements to enable Turkey to buy gas from Azerbaijan and to transit Azerbaijan gas through Turkey to Europe. The documents signed in Izmir (Turkey) on Tuesday, October 25, included an Intergovernmental Agreement (IGA) between the Government of […]

  • $370M in new Shah Deniz Stage 2 contracts awarded

    22 June 2015

    Shah Deniz and South Caucasus Pipeline Company have informed that Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) are progressing well, announcing two new contract awards as part of the project. The Shah Deniz Stage 2 project will deliver 16 billion cubic metres per year (bcma) of gas from the giant Shah Deniz field in […]

  • A number of key contracts awarded for Shah Deniz Stage 2

    19 March 2014
    Business & Finance

    The Shah Deniz and South Caucasus Pipeline consortia 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 December 2013. The […]

  • EBRD Funds Development of Shah Deniz Offshore Gas Field

    27 February 2014

    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 […]

  • Asian Development Bank earmarks $1B for Shah Deniz field

    7 December 2016

    The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, a large gas field in the Caspian Sea. According to Manila-based ADB, the assistance comprises a $500 million private sector loan to the Southern Gas Corridor Closed Joint Stock Company (SGC) and a $500 million sovereign-counter […]

  • BP Launches USD 28 Bln Shah Deniz 2 Project in Azerbaijan

    2 July 2018
    Operations & Maintenance, Research & Development

    BP has launched the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey, on Monday. The BP-operated $28 billion project is the first subsea development in the Caspian Sea and the largest subsea infrastructure operated by BP worldwide. It is also the starting point for the Southern Gas Corridor series of […]

  • Petronas pays $2.25B for Statoil’s Azeri assets

    13 October 2014

    Norway’s Statoil has sold its 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 company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC) to the Malaysian oil and gas company PETRONAS. The transaction value is USD 2.25 […]