SOCAR, Liberty Steel Hartlepool ink contract

Oil&Gas Materials 22 April 2020 17:19 (UTC +04:00)
SOCAR, Liberty Steel Hartlepool ink contract

BAKU, Azerbaijan, April 22

By Leman Zeynalova - Trend:

Azerbaijan’s state oil company SOCAR and UK-based Liberty Steel Hartlepool, which is a part of the Liberty House Group, have signed a contract on Umid-1 project, Ibrahim Ahmadov, deputy head of the public relations and events department at SOCAR, told Trend.

He noted that the contract was signed on February 10, 2020 with no timeframe.

“The contract envisages purchase of 20-inch submarine pipes for the transportation of gas condensate as part of the Umid -1 project for accelerating the production,” said Ahmadov.

Earlier, Ahmadov told Trend that it is planned to drill a well for production at Umid field from the platform in 2020.

“Moreover, it is also planned to start the construction of a pipeline from the platform through the sea to the shore, where the new Dashgil terminal will be built,” he said.

Ahmadov noted that technological equipment of the platform will also be improved.

Umid field was discovered by SOCAR in 2010. Risk Service Contract for this block was signed in early 2017.

Umid field is located in 75 kilometers from Baku and in 40 kilometers from the shore.


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