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BP: Shah Deniz 2 project over 97% complete

Oil&Gas Materials 20 November 2017 19:36 (UTC +04:00)

Baku, Azerbaijan, Nov. 20

By Maksim Tsurkov – Trend:

During the third quarter of 2017, implementation of the Shah Deniz Stage 2 project continued successfully, says a BP report on results of 3Q17, issued Nov. 20.

BP Azerbaijan is the Shah Deniz field’s operator.

The project is now over 97 percent complete for first gas in terms of engineering, procurement, construction and commissioning, and remains on target for first gas in 2018, according to the report.

“Project activities continue at offshore and onshore sites, including the Sangachal Terminal and along the pipeline route,” says the report.

On September 6, a new flagship vessel for the Caspian Sea - Khankendi - was launched, the report said.

“The state-of-the-art subsea construction vessel has been specifically designed and built to install the biggest subsea production system in the Caspian Sea as part of the Shah Deniz Stage 2 project,” the report noted.

The $378 million vessel is now deployed to the Shah Deniz field where it is expected to perform subsea installation and construction work over the next 11 years, according to the report.

“On September 15, the second topsides unit built for the Shah Deniz Stage 2 project - the topsides of the Production and Risers (PR) platform sailed away for offshore installation,” said the report. "This followed the safe and successful sail away and offshore installation of the Quarters and Utilities (QU) platform topsides in early June.”

“The transportation, float-over and installation activities were carefully planned and took six days to complete,” the report noted. “The unit now has been installed on top of the PR jacket which was already at its offshore location in a water depth of 94 meters waiting for the deck.”

"The expansion of the Sangachal terminal – already one of the world's largest oil and gas terminals – is progressing well with the plans to be able to process the additional gas volumes from Shah Deniz Stage 2,” said the report.

At the peak of project activities, over 24,000 people were involved in construction work across all main contracts in Azerbaijan and over 80 percent of them were Azerbaijani nationals, according to the report.

With the implementation of Shah Deniz Stage 2, gas production will increase from 9 to 25 billion cubic meters per year. The produced gas will be exported to Turkey and the European markets through the expansion of the South Caucasus Pipeline and construction of the Trans-Anatolian (TANAP) and Trans-Adriatic (TAP) gas pipelines.

A contract for development of the Shah Deniz offshore field was signed on June 4, 1996. The field's reserves are estimated at 1.2 trillion cubic meters of gas.

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