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JOCAP announces planned works for Absheron project

Oil&Gas Materials 14 October 2021 10:41 (UTC +04:00)
JOCAP announces planned works for Absheron project

BAKU, Azerbaijan, Oct.14

By Leman Zeynalova - Trend:

The offshore campaign for the umbilical laying as part of the Absheron gas field project in Azerbaijan will be completed in two months, JOCAP, the Joint Operating company of the Absheron field on behalf of Contractor Parties SOCAR Absheron and TOTAL E&P Absheron BV, told Trend.

Moreover, modules fabrication is expected to be finished by mid-February 2022, according to the company.

As for the tie-in work to the AZNEFT PU Oil Rocks Facilities, JOCAP said it has not yet started, however the contractor (OGCT) started the qualifications for their staff (welders) and are preparing their procurement.

Exploration, Development and Production Sharing Agreement for Absheron Perspective Structure was signed on February 27, 2009.

Contractor parties: SOCAR Absheron (50 percent) and TOTAL E&P Absheron B. V. (“TEPAb”) (50 percent). The Absheron project’s operator is JOCAP effective from 1st August 2018. JOCAP (Joint Operating Company of Absheron Petroleum B. V. ) is a non-profit Joint Operating Company established and equally owned by partners SOCAR Absheron and TEPAb for the development and production of the Absheron offshore block in full compliance with the Exploration, Development and Production Sharing Agreement for the Absheron offshore block in the Azerbaijani sector of the Caspian Sea signed between SOCAR, SOCAR-Absheron and TEPAb.

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