Repair of Azerbaijani floating rig to be completed by late May
Baku, Azerbaijan, May 5
By Maksim Tsurkov - Trend:
The repair of Azerbaijani floating semi-submersible drilling rig Istiglal is planned to be completed by late May, a source in the oil and gas market told Trend.
Work on the modernization of the rig began in July 2015.
"Repair of the platform entered its final stage, what it is only left to do is carry out the final minor work," the source said. "There are no delays, work continues according to schedule. In June, the platform will undergo technical tests in the sea, and a month later - return to work on the Shah Deniz field."
The Istiqlal rig is used for the operation in the Azerbaijani gas condensate field Shah Deniz. The drilling rig is being repaired at the Caspian Shipyard.
Caspian Drilling Company (CDC, 92.44 percent of the equity is owned by the Azerbaijani State Oil Company (SOCAR) is the operator of the Istiglal drilling rig.
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