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OEG Offshore secures £2M contracts in Caspian since early 2019

Oil&Gas Materials 11 July 2019 09:41 (UTC +04:00)

Baku, Azerbaijan, July 11

By Leman Zeynalova – Trend:

OEG Offshore, based in Aberdeen, has secured sales and long-term rental contracts worth nearly £2 million in the Caspian Sea region since the start of 2019, Trend reports citing the company.

OEG said it has supported offshore exploration and construction in the Caspian region for more than 20 years via long-established bases in both Kazakhstan and Azerbaijan.

The company it was to provide standard cargo units as part of a rental contract for Azerbaijani state oil company SOCAR’s deepwater exploratory drilling on the Umid gas field, off Azerbaijan, to the end of 2019.

Reportedly, other rental contracts secured by OEG include the supply of drill cuttings boxes, containers, baskets and engineering cabins to support offshore operations on the Binagadi oilfield, Azerbaijan, as well as onshore drilling in southern Albania.

In addition, Dyce-based OEG has delivered offshore containers and skips to BP’s Shah Deniz Phase 2 project in Azerbaijan.

“We have the correct mix of standard cargo units available for sale and rental from the Baku base to support existing contracts as well as forthcoming drilling projects in the region, such as Equinor’s well exploration campaign at the Karabakh oilfield and BP’s on-going offshore developments,” OEG Caspian regional director Ruslan Tuayev said.

“The close geographic proximity of our sister base in Kazakhstan allows for easy mobilisation of units throughout the region to meet customer demand.”

OEG said its “extensive” presence throughout the Caspian allowed it to quickly support projects in Azerbaijan, Georgia, Kazakhstan, the Russian Federation, Turkmenistan and eastern Mediterranean.

OEG Offshore, based in the UK, is a leading global provider of Cargo Carrying Units (CCUs) and A60 modules to the oil and gas industry

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