BP awards new Shah Deniz contracts

The Shah Deniz consortium is pleased to announce two further contracts recently awarded as part of overall progress of the Stage 2 development project, BP said today.

The contracts, which are for subsea flow-line coating and early subsea export line coating, have been awarded to Bredero Shaw International B.V. The value of these contracts is approximately US$200 million.  

Coating will commence in late 2014, with initial deliveries of coated pipe being available for commencement of the first offshore pipeline installation campaign in 2015, and later deliveries for the second campaign in 2018.

Since the final investment decision last December the Shah Deniz 2 projects have made good progress. Most of the major engineering, construction and supply contracts, valued at some $9 billion, have been awarded and early works already started in most construction areas across Azerbaijan and Georgia. 

The Shah Deniz Stage 2 project will deliver 16 billion cubic metres per year (bcma) of gas from the giant Shah Deniz field through some 3,500 kilometres of pipeline to Georgia, Turkey, Greece, Bulgaria, Albania and Italy. First gas is targeted for late 2018, with sales to Georgia and Turkey; first deliveries to Europe will follow approximately a year later.

Bakudaily.Az