BAKU, Azerbaijan, Oct.14
By Leman Zeynalova - Trend:
Fabrication of topside modules of EPS Platform for Absheron gas field project in Azerbaijan is ongoing with the installation of the key process equipment, JOCAP, the Joint Operating company of the Absheron field on behalf of Contractor Parties SOCAR Absheron and TOTAL E&P Absheron BV, told Trend.
JOCAP said that 82 percent of Module AM03 (Absheron Module), 78 percent of Module AM02, 69 percent of AM01 are already completed.
“Along the fabrication, hydro tests of process lines are ongoing. Most of the equipment is delivered to Baku Deep Water Jacket yard including the technical building,” said the company.
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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