Baku, Azerbaijan, Oct. 30
By Maksim Tsurkov - Trend:
Azerbaijan has completed work on the dock repair of the large crane barge "Azerbaijan" within the framework of the second stage of development of a large gas condensate field Shah Deniz in the Azerbaijani sector of the Caspian Sea, the message of the "Azerbaijan Caspian Shipping Company" CJSC said.
The message said that cleaning and painting of the hull, anchor and anchor chains was carried out, two main engines repaired, vessel devices and systems as well as crane mechanisms tested during the period of repair.
"A series of works on further modernization will be carried out on the vessel in the near future," the message said.
The contract worth $1.8 billion on the offshore transport and installation of both jackets and topside units, subsea production systems and subsea structures, as well as the laying of over 360 kilometers of subsea pipelines, diving support services, the upgrade of three installation vessels - the pipe lay barge "Israfil Huseynov", the diving support vessel "Tofiq Ismayilov" and the derrick barge "Azerbaijan" was signed in April 2014.
Earlier, the work on modernization of "Israfil Huseynov" pipe laying barge and the diving support vessel "Tofiq Ismayilov" was completed.
As part of the implementation of the Shah Deniz project, the annual gas production volume will increase from 9 billion cubic meters (within the first phase) by additional 16 billion cubic meters in the second phase. Two offshore platforms will be installed and over 20 subsea wells will be drilled to produce additional volumes of gas within Shah Deniz-2 project.
As part of the second stage of the field's development, gas will be exported to Turkey and European markets by expanding the South Caucasus gas pipeline and the construction of Trans-Anatolian (TANAP) and Trans-Adriatic (TAP) gas pipelines.
The volume of gas produced at Shah Deniz field stood at 5.2 billion cubic meters in the first half of 2015, while the volume of condensate production at this field totaled 1.2 million metric tons (9.8 million barrels), compared to 4.75 billion cubic meters of gas and 1.12 million metric tons of condensate in the same period of 2014.
The contract for development of the Shah Deniz offshore field was signed on June 4, 1996. The field's reserve is estimated at 1.2 trillion cubic meters of gas. The shareholders are: BP, operator (28.8 percent), AzSD (10 percent), SGC Upstream (6.7 percent), Petronas (15.5 percent), Lukoil (10 percent), NICO (10 percent) and TPAO (19 percent).
Edited by CN
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