414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • PHOTO: First Shah Deniz 2 Jacket Ready for Installation

    30 August 2016
    Business & Finance, Equipment, Operations & Maintenance

    A jacket for one of the Shah Deniz Stage 2 platforms has sailed away from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) for offshore installation. The transportation, launch, positioning and pile installation activities of the Production and Risers (PR) platform jacket structure are expected to take around 40 days to complete. The construction of the […]

  • Lukoil increases stake in BP’s Shah Deniz after closing Petronas deal

    18 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Lukoil has completed the acquisition of Petronas’ interest in the BP-operated Shah Deniz natural gas project in the Caspian Sea.

  • Shah Deniz Selects Trans Adriatic Pipeline as Priority Route to Italy

    22 February 2012
    Business & Finance, Project & Tenders

    TAP has been selected by Shah Deniz as the pipeline route to Italy. “We will now enter into exclusive negotiations with them on progressing the project. We look forward to progressing the TAP project together with the Shah Deniz Consortium and the Italian, Albanian and Greek Governments” the offical says. The company firmly believes that […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Baku Shipyard to build subsea construction vessel for Shah Deniz

    23 April 2014
    Business & Finance

    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 […]

  • 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 […]

  • EBRD Funds Further Development of Shah Deniz Gas Field in Azerbaijan

    27 February 2014
    Business & Finance, Operations & Maintenance

    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 […]

  • TAP, Shah Deniz Consortium Select Societe Generale as Financial Advisor

    19 March 2013

    The Trans Adriatic Pipeline (TAP), and members of the Shah Deniz Consortium have selected Société Générale Corporate & Investment Banking to provide financial guidance to the project during its preparatory and construction phases. The decision was made by TAP, its shareholders Axpo, Statoil and E.ON Ruhrgas, and Shah Deniz Consortium members SOCAR, BP and Total […]

  • Azerbaijan: Gas Production from Shah Deniz Increased by 11.8%

    21 October 2010

    In January-September the offshore gas condensate field Shah Deniz produced 5,344,000,000 cubic meters of gas, according to sources in SOCAR.   By Rufat Abbasov (News.az) [mappress] Source:news.az, October  21, 2010;

  • KBR Wins Shah Deniz Stage 2 Engineering & Procurement Contract

    30 December 2013

    KBR  today announced that it was awarded a contract by BP Exploration (Shah Deniz) Limited to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 Project located in the Azerbaijan sector of the Caspian Sea. It will be booked into backlog in Q4 2013.   This contract win follows the successful […]

  • KBR Secures Contract by BP for Shah Deniz Stage 2 Project

    30 December 2013

    KBR announced that it was awarded a contract by BP Exploration (Shah Deniz) to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 Project located in the Azerbaijan sector of the Caspian Sea. It will be booked into backlog in Q4 2013. This contract win follows the successful completion of FEED […]

  • Statoil divests part of Shah Deniz and South Caucasus Pipeline interest

    6 May 2014
    Business & Finance, Project & Tenders

    Statoil has completed the farm-down of 10% of its interest of 25.5% in the Shah Deniz Production Sharing Agreement and the South Caucasus Pipeline Company Limited to BP (3.33%) and SOCAR (6.67%). The consideration for the sale and transfer of these assets is USD 1.45 billion. The divestment that was announced in December 2013, is […]

  • Shah Deniz Stage 2 Offshore Installation Contract Awarded

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

    The Shah Deniz consortium announces a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium. The award of this $1.8 billion contract, part of the Shah Deniz Stage 2 and South Caucasus Pipeline […]

  • Lukoil, EBRD Announce Completion of Financing for Shah Deniz Offshore Gas Field

    17 May 2011
    Business & Finance

      Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as exporting large quantities […]

  • VIDEO: Second Shah Deniz 2 Jacket Sail Away

    6 April 2017
    Equipment

    The video shows the quarters and utilities platform jacket sail away to the Shah Deniz field in the Caspian Sea from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF). The QU platform jacket weighs approximately 12,084 tonnes and stands 105 meters high. It contains 31 J Tubes, 7 utility caissons and 3 J tube caissons. The […]

  • FMC to Supply Subsea Systems for Shah Deniz Stage 2 Project

    15 April 2014

    FMC Technologies said 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 key controls […]

  • GALLERY: BP sends Shah Deniz 2 QU topsides offshore

    1 June 2017
    Project & Tenders

    BP has sent the first topsides unit built for the Shah Deniz Stage 2 platforms off to its offshore location in the Caspian Sea. The official sail away ceremony, held in Baku today, was attended by Ilham Aliyev, president of Azerbaijan. The Quarters and Utilities (QU) platform topsides, which was completed ahead of schedule, will sail away […]

  • Nexans Delivers First Batch of DEH System for BP Shah Deniz

    18 December 2014
    Equipment, Operations & Maintenance

    Nexans has provided to BP the first delivery in what will be the world’s largest and most complex Direct Electrical Heating (DEH) system to date. Nexans is supplying a comprehensive subsea DEH system solution including complete system design and 130 km of cables with accessories for installation. This will provide flow assurance for 10 subsea […]

  • Expro picks up Shah Deniz contract extension from BP

    15 November 2018
    Business & Finance

    Oilfield services company Expro has won a four-year contract extension for BP’s Shah Deniz Stage 2 project.

  • No Azerbaijani Gas for Nabucco Pipeline

    27 June 2013

    The Shah Deniz II consortium, which operates Azerbaijan’s largest offshore gas field, informed OMV, as a shareholder of NABUCCO Gas Pipeline International Gmbh (NGPI), about the decision on their preferred gas transportation route to Europe. The Nabucco West project was not selected by the consortium. OMV commented:“While OMV accepts the decision of the consortium, OMV […]

  • BP to reduce carbon footprint of Shah Deniz platform through new power supply

    20 June 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.

  • Trelleborg’s Foam Buoyancy Systems for Shah Deniz Phase II

    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 […]