BP Awards Caspian ACG Contracts

Laxman Pai
Tuesday, September 17, 2019

The upstream consortium, led by UK enerrgy giant major BP, announced that the Azeri-Central-East (ACE) project is moving forward at pace with the awards of key contracts.

BP as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development, revealed that the contracts, covering engineering, fabrication and construction, project management and other services follow the project final investment decision (FID) announced on 19 April 2019.

The contract awards underpin the schedule for project delivery and complement the progress being made across the multiple areas and fabrication yards involved in this major development project.

The scope of work under this contract includes collection of the materials and equipment from the suppliers’ locations and delivery to Baku sites, including customs clearance.  

The services to be provided under this contract cover all forms of transportation - international and domestic road transport, river ships, barges, sea transportation, air charters, airfreight and railway.

Ewan Drummond, BP vice president for projects, said: “BP as operator is pleased to announce the first package of key contracts awarded to execute the ACE project safely, efficiently and on schedule. As we celebrate the 25th anniversary of the ACG contract it is worth emphasizing that one of the main achievements of ACG is the high level of local content in our projects which the ACE contract awards show clearly."

"These contract awards once again highlight the ACG partnership’s commitment to optimizing the use of Azerbaijan’s local resources.  Construction activities, which have commenced this year and will run through mid-2022, are taking place in-country utilizing local resources and it is expected that, at peak, construction works will create up to 8,000 jobs,” he added.

Categories: Deepwater Engineering Fabrication Contracts

Related Stories

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

SBM Offshore, SLB to Optimize FPSO Performance Using AI

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Floating Offshore Wind Test Center Planned for Japan

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Current News

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com