Azerbaijan, Baku / corr Trend / J P Kenny Engineering, a subsidiary of John Wood, has entered into a Global Agreement with BP International Limited to provide engineering and project management services for BP's offshore development projects. JPK has already begun work on the first release under the Global Agreement, for the Shah Deniz project in Azerbaijan.
Steve Wayman, Chief Executive Officer, J P Kenny Group said, "It is extremely important for us to cement our relationship with BP through the award of this long term, performance-based agreement where we work together to deliver superior long term value for our shareholders. We have been working with BP for many years providing subsea engineering teams for the UK & Norwegian sectors of the North Sea, the Gulf of Mexico, Vietnam, Indonesia and also as part of their deepwater development activities in Block 31 Angola. We now look forward to developing and strengthening the relationship even further and wider."
The first gas in Shah Deniz with gas reserves of 1.2trln cu.m was produced on 10 November 2006. The gas produced in the field is delivered to Georgia and Turkey via the South Caucasus Pipeline. 8.8 bln cu.m of gas will be produced per year within Phase-1 of the development project of "Shah Deniz". The Shah DEniz gas is transported via the South Caucasus gas pipeline and sold to Azerbaijan, Georgia and Turkey. Further it is planned to sell gas to the European countries.