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Three power generation units will be delivered to Azerbaijan for COP

Oil&Gas Materials 11 July 2011 14:28
The Azerbaijan International Operating Company (AIOC) operated by BP is in the process of delivery of three main power generation units from Mount Vernon (US) to Baku (Azerbaijan), BP reported.
Three power generation units will be delivered to Azerbaijan for COP

Azerbaijan, Baku, July 11 / Trend /

The Azerbaijan International Operating Company (AIOC) operated by BP is in the process of delivery of three main power generation units from Mount Vernon (US) to Baku (Azerbaijan), BP reported.

The units, which have been purchased from Rolls Royce, will be used for the Chirag Oil Project (COP) to provide power for the West Chirag Platform to be installed on the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijan sector of the Caspian Sea.

The transportation of the cargo is expected to take nearly four months to complete. The first power generation unit is scheduled to leave Mount Vernon this month with arrival in Baku expected in October before transportation via the Russian canals closes for the winter season.

Each unit is 18m (60 ") long, 4.8m (15" 7) wide, 4.5m (14 "3) high and weighs 185 tons (407,000 lbs) with a maximum output of 27 megawatts.

Chirag oil project envisages investments in the amount of $6 billion.

Outstripping drilling under the project will go on till the first half of 2012. Dede Gorgud rig will perform the drilling, with the production from the platform expected to begin from late 2013.

In total, 300 million barrels of oil are expected to be produced under the project until the end of the contract on ACG in 2024.

ACG participating interests are BP with 35.83 percent, Chevron - 11.27, Inpex - 10.96 percent, AzACG - 11.6 percent, Statoil - 8.56 percent, Exxon - 8 percent, ТРАО - 6.75 percent, Itocu - 4.3 percent и Hess - 2.72 percent.

In 2010, 40.6 million tons of oil was produced from the Azeri-Chirag-Guneshli field compared to more than 40.3 million tons in 2009. Average daily oil production on this block amounted to 823,100 barrels per day in 2010.

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