414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • 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;

  • Barroso: Shah Deniz Pipeline Decision Bolsters Energy Security of EU

    28 June 2013

    The European Commission welcomed today’s final selection of the pipeline delivering Azeri gas to Europe. The Consortium of the Shah Deniz II gas field, who holds the license for exploiting the 16 bcm/year gas reserves, has chosen the Trans-Adriatic Pipeline (TAP) to bring the gas from the Turkish border via Greece and Albania to Italy. With […]

  • SOCAR welcomes Petronas delegation

    21 June 2016
    Business & Finance

    Azerbaijan’s state-owned oil company, SOCAR, represented by its President Rovnag Abdullayev, received a delegation led by Zulkiflee Wan Ariffin, President and CEO of Malaysian oil and gas company Petronas. Abdullayev welcomed the guests on Monday by speaking about the long-term useful cooperation between SOCAR and Petronas and said the partnership projects between the companies were […]

  • Statoil Sells 10 Pct of Its Interest in Shah Deniz for $1.45 Bln

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

    On 1 May 2014 Statoil 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 […]

  • 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 […]

  • Subsea Construction Vessel Khankendi Ready for Shah Deniz 2 Ops

    6 September 2017
    Business & Finance, Equipment, Operations & Maintenance

    The Shah Deniz consortium has launched the Khankendi – a new flagship vessel for the Caspian. The new subsea construction vessel has been specifically designed and built to install the biggest subsea production system in the Caspian Sea as part of the Shah Deniz Stage 2 project. The official inauguration of the new $378 million […]

  • AMEC Lands $974 M Shah Deniz Platform Contract (Azerbaijan)

    28 January 2014

     The AMEC Tekfen Azfen (ATA) consortium has been awarded a contract totalling $974 million for BP-operated Stage 2 development of the Shah Deniz gas field in the Caspian Sea. AMEC will contribute its project and construction management expertise to the consortium. The contract covers the fabrication, load out and offshore hook-up and commissioning of the […]

  • Lukoil and EBRD Announce Completion of Financing for Shah Deniz Gas Field Stage-1 (Azerbaijan)

    17 May 2011

      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 […]

  • Contracts worth $1.1B awarded as part of Shah Deniz Stage 2

    10 April 2014
    Business & Finance, Project & Tenders

    The Shah Deniz consortium, lead by BP, has awarded more contracts as part of its Shah Deniz 2 development program, offshore Azerbaijan.   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 Contracting […]

  • Shah Deniz gets first DEH system delivery from Nexans

    18 December 2014
    Business & Finance, Equipment

    Nexans has provided to BP and its Shah Deniz development project, in the Caspian Sea, the first delivery in what will be, according to Nexans, 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 […]

  • FMC Technologies Bags BP’s Shah Deniz Stage 2 Subsea Gig

    14 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    FMC Technologies, Inc. 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 and connection […]

  • BP Makes Major Gas Discovery in Azerbaijan’s Shah Deniz Field

    15 November 2007

    BP, on behalf of the Shah Deniz partnership, announced today a further major new gas-condensate discovery in the Shah Deniz field in the Caspian Sea. The SDX-04 appraisal and exploration well, some 70 kilometres south east of Baku, discovered a new high pressure reservoir in a deeper structure below the currently producing reservoir.

  • Siemens to Supply Subsea Pipeline Heating Power Systems for Shah Deniz

    8 May 2014
    Business & Finance, Equipment, Project & Tenders

    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 Sea. […]

  • Azerbaijan: Shah Deniz Production Level Drops Due to Power Supply Problems

    22 June 2011

    Power generators ensuring power supply to Shah Deniz failed at 15.30 on 21 June, which cut volume of power supplies, sources in … By Rufat Abbasov (News.az) [mappress] Source: News.az, June 22, 2011;

  • Azerbaijan: Shah Deniz Issues RFP and RFI to Three EU Pipeline Groups

    11 August 2011
    Business & Finance

      On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipeline and Nabucco. In […]

  • ShawCor Boasts Pipe Coating Deal in Azerbaijan

    23 May 2014
    Project & Tenders

    ShawCor Ltd., and its pipe coating division, Bredero Shaw, have received a contract with a value of approximately USD 70 million from BP Exploration (Shah Deniz) Ltd., for coating services for the South Caucasus Pipeline Expansion (SCPX) project. The objective of the SCPX Project is to expand the capacity of the existing SCP system to accommodate additional […]

  • BP launches subsea construction vessel for Caspian Sea project

    6 September 2017
    Project & Tenders

    The Shah Deniz consortium has launched the Khankendi – a new flagship vessel for the Caspian Sea. The subsea construction vessel has been specifically designed and built to install the biggest subsea production system in the Caspian Sea as part of the BP-operated Shah Deniz Stage 2 project. The vessel completed its six-week sea trials in August. The […]

  • Banks to Lend USD 1 Bln for Shah Deniz Stage II

    7 August 2015
    Research & Development

    Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion. The Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD), with […]

  • Azerbaijan: Shah Deniz Issues RFP and RFI to Three EU Pipeline Groups

    11 August 2011
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipeline and Nabucco. In these […]

  • Azerbaijan: Shah Deniz 2010 Condensate Production Up 10.2% From 2009

    7 February 2011

    Azerbaijan’s Shah Deniz offshore gas condensate field produced 1.848m tonnes of condensate in 2010, 10.2% more than in 2009.   By Rufat Abbasov(Trend) [mappress] Source:Trend.az, February  7, 2011;

  • BP re-floats subsea construction vessel built for Shah Deniz project

    18 May 2016

    BP has announced that the subsea construction vessel (SCV) “Khankendi” was recently re-floated into the Caspian Sea at the Baku Shipyard quay in Azerbaijan.  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 transportation of the vessel’s hull strips […]

  • Azerbaijan: Shah Deniz January Gas Output Cut by Half Compared to 2010

    21 February 2011

    Azerbaijan’s state oil company SOCAR received 7.7m cubic metres of gas from the Shah Deniz project in January.   By Rufat Abbasov (News.az) [mappress] Source:News.az, February  21, 2011;

  • Lukoil: Banks approve $1B loan for stage two of Shah Deniz project

    7 August 2015
    Business & Finance, Project & Tenders

    Under the second stage of the Production Sharing Agreement of the BP-operated Shah Deniz Project in the Caspian Sea offshore Azerbaijan, Lukoil has signed in Baku a 12-year credit-facility agreement with a consortium of banks to borrow $1 billion. According to Lukoil, $560 million will be provided for 12 years jointly by the European Bank for […]