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Liberty Steel Hartlepool completes contract on Umid field

Oil&Gas Materials 10 August 2020 12:46 (UTC +04:00)
Liberty Steel Hartlepool completes contract on Umid field

BAKU, Azerbaijan, Aug.10

By Leman Zeynalova – Trend:

UK-based Liberty Steel Hartlepool, which is a part of the Liberty House Group has completed its contract on Azerbaijan’s Umid field, the company told Trend.

“Our supply has concluded with the final pipes having shipped several weeks ago, the pipes were requiring coating and I believe the Umid team are utilizing Caspian Pipe Coating LLC,” said a source in the company.

Azerbaijan’s state oil company SOCAR and UK-based Liberty Steel Hartlepool signed a contract on Umid-1 project on February 10, 2020 with no timeframe.

The contract envisaged purchase of 20-inch submarine pipes for the transportation of gas condensate as part of the Umid -1 project for accelerating the production.

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.

The 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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Follow the author on Twitter: @Lyaman_Zeyn

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