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

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

BP Adds Three Exploration Blocks off Indonesia

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Global Businesses Face Mounting $25 Billion Fallout From Iran War

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Current News

Eni Inks Long-Term Indonesia LNG Supply Agreements

Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni’s South Hub

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

BP Adds Three Exploration Blocks off Indonesia

Indonesia Signs Eight Oil and Gas Contracts

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

Energean Cuts 2026 Output Forecast After Israel Shutdown

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

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