Azerbaijan, Baku, November 23 / Trend, E. Ismailov /
More than 47.6 per cent of construction-erection works have so far been done under the implementation of the Chirag Oil Project (COP) assuming an increase of oil production from the block of fields Azeri-Chirag-Gunashli (ACG), BP, the ACG operator, BP stated in January-September Report released at its Website on Wednesday.
"All construction works at construction-erection sections under the COP are being done in accordance with the schedule and have already reached to 47.6 percent of total," the report said.
Particularly, there are being carried out all necessary works at ATA (AMEC-Tekfen-Azfen)-operated sections and at the Heydar Aliyev Deepwater Plant.
Particularly, a concrete casting plant has restarted its operation due to the project, and a primary assessment of concrete casting works was carried out. Other concrete-cast pipes were imported from Europe.
The Chirag Oil Project assumes construction of new oilfield platform Western Chirag to be installed at sea depth of 170 meters between production wells Chirag and Gunashli, which have already been in operation.
The Chirag Oil Project requires $6 billion in investments.
Advance drilling under the project is scheduled to cover a period before the end of the 2012 first half. The drilling works will be carried out using drilling rig Dada Gorgud. The platform is expected to start producing oil at the end of 2013.
It is planned to produce 300 million barrels of oil under the COP before the validity period of the ACG expires in 2024.