414 results found for 'shah deniz'

414 results found for 'shah deniz'
Order results by

A list of search results

  • 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 […]

  • 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;

  • 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.

  • 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 […]

  • 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 […]

  • BP flips gas production switch back on at giant platform off Azerbaijan

    20 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP has restarted production from a platform in the Caspian Sea at one of the world’s largest gas-condensate fields and the company’s largest gas discovery ever.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • Azerbaijan: Shah Deniz Produces 23.5bn Cubic Meters of Natural Gas Since 2006

    14 October 2011

    The Shah Deniz field was discovered in 1999. It is located 70 km from the coast in water depths of 500-600 meters…   Reported by: Rufat Abbasov (news.az) [mappress] Source: Shah Deniz, October 14, 2011;

  • 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 […]

  • BP’s Shah Deniz SCV completes sea trials ahead of delivery

    24 August 2017

    Azerbaijan’s Baku Shipyard has completed sea trials for the subsea construction vessel (SCV) Khankendi, which is being built under BP-operated Shah Deniz Stage 2 Project in the Caspian Sea.  The vessel has been specifically designed and built to install subsea structures of the giant Shah Deniz Stage 2 gas development project. It will perform subsea […]

  • WGK Wins $60 Mln Subsea Contract for Shah Deniz 2

    3 June 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Wood Group Kenny (WGK) has been awarded a $60 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 through […]

  • DNV GL to support BP in Shah Deniz Stage 2 project

    21 September 2015
    Business & Finance

    DNV GL has been awarded a contract for the provision of marine warranty, operations and consultancy services for the Shah Deniz 2 project operated by BP Exploration (Shah Deniz) Limited. DNV GL will support the operator in assuring the project equipment transportation and installations are conducted to recognized guidelines, standards and internal requirements. DNV GL […]