UK’s EXPRO eyes to expand business activities in Azerbaijan
Baku, Azerbaijan, Feb.13
By Leman Zeynalova – Trend:
UK EXPRO international oilfield service company intends to expand its business in Azerbaijan, the company told Trend.
“2018 was a very successful year for EXPRO with the 4-year extension of the Shah Deniz contract and the opening of the new purpose built facility. Additionally, we also celebrated 11 years LTI ( lost time incident) free and carried out our 33rd completion in Azerbaijan sector of the Caspian,” said the company.
EXPRO said its priorities are to continue delivering a high level of service quality to its client and maintaining its LTI free record.
“We shall also be seeking to expand the business activities in Azerbaijan. With the opening of the new facility EXPRO has the capabilities to expand its services across its other product lines,” said the company.
EXPRO has had a presence in the Caspian region since 2007, when it was awarded a contract to supply completion landing strings for Azerbaijan's Azeri-Chirag-Gunashli block of fields.
In 2014, EXPRO was awarded the contract to build landing strings for Azerbaijan's Shah Deniz Stage 2. These are designed to ensure the highest standards of safety and reliability for the most challenging deepwater market conditions.
In November 2018, EXPRO won a four-year contract extension for BP’s Shah Deniz Stage 2 project.
The Shah Deniz Stage 2 project is set to bring gas directly from Azerbaijan to Europe for the first time, opening up the Southern Gas Corridor.
In total 16 billion cubic meters a year of Shah Deniz Stage 2 gas will be delivered through more than 3500 kilometers of pipelines through Azerbaijan, Georgia, Turkey, Greece, Bulgaria, Albania and under the Adriatic Sea to Italy.