Baku, Azerbaijan, Aug.29
By Leman Zeynalova – Trend:
Azfen company, where Turkish Tekfen holds 40 percent share will be engaged in construction and installation of an oil drilling and production platform for Azeri-Chirag-Gunashli block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, Trend reports citing Tekfen.
Reportedly, the cost of the 17,000-ton offshore platform project is $ 486.3 million.
The construction period is estimated to be 38 months.
Tekfen Construction's share in the project is $194.5 million.
ACG participating interests are: BP (30.37 percent), SOCAR (25 percent), Chevron (9.57 percent), INPEX (9.31 percent), Equinor (7.27 percent), ExxonMobil (6.79 percent), TPAO (5.73 percent), ITOCHU (3.65 percent), ONGC Videsh Limited (OVL) (2.31 percent).
---
Follow the author on Twitter: @Lyaman_Zeyn