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: Contracts Deepwater Engineering Fabrication

Related Stories

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

ABS Approves Hanwha Ocean’s FPSO Design

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Floating Wind and the Taming of Subsea Spaghetti

Eni Strengthens LNG Ties with Japan

CNOOC Starts Production from Deepwater Gas Project in South China Sea

TotalEnergies Signs LNG Supply Deal with South Korea’s HD Hyundai Chemical

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Korea's Hanhwa Sets Out Plan for Full Takeover of Singapore's Dyna-Mac

Current News

EnQuest to Acquire Harbour Energy's Vietnamese Assets

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Petronas to Retain National Authority After Sarawak Gas Deal

Yinson Production Scoops $1B Investment to Upscale FPSO Business

Petronas Greenlights Hidayah Field Development Off Indonesia

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

US Operator Finds Oil Offshore Vietnam

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

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