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Nobel Oil Ltd to receive rig for work in Azerbaijani sector of Caspian Sea

Business Materials 5 November 2014 10:52 (UTC +04:00)

Baku, Azerbaijan, Nov.5

By Emil Ismayilov - Trend:

Drillmec company, which is a part of the TREVI group, delivered an offshore drilling rig for Nobel Oil Ltd service company, which has provided services in Azerbaijan since 2005, said the statement posted Nov.4 on the official website of TREVI Group.

The rig will be installed on a fixed platform on the Bulla Deniz offshore field, which is being developed by the SOCAR (State Oil Company of Azerbaijan), according to the statement.

Drillmec and Nobel Oil Ltd have signed a contract in order to ensure the supply of drilling equipment.

Currently, SOCAR is building a new platform No.6 on the Bulla Deniz field. Daily debit of four wells on the platform No.6 is projected to reach 2 million cubic meters of gas and 600 metric tons of condensate. The platform will be installed at the point where the water depth is 26 meters.

As the first vice-president of the State Oil Company Khoshbakht Yusifzade said earlier, SOCAR will construct a new platform No.6 on the Bulla Deniz field in the area where a fire occurred as a result of an accident. The fire on the old platform was extinguished, and on October 25, 2013, it was annexed to the gas transportation system.

Considering the new block`s reserves at the field where the well showed a very large debit, a new platform will be built. The reserves of the new block are estimated to hold 10 billion cubic meters of gas.

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