BP-Operated Projects Extends Contract with Azerbaijani Petrochem Group
Azerbaijan, Baku / Trend / BP, as the operator of Azerb aijan's major oil and gas development and transportation projects on behalf of its co-ventures recently extended its existing contract with the local company Petrochem Group. The extension covers the provision of lubrication management services for the total limiting value of $3.6 million for the next two years.
The contract is in line with the efforts of BP and its co-ventures to maximize local content in their projects by increasing both the number of companies participating in their contracts and the value of contracts awarded locally.
Under this contract Petrochem Group will be responsible for inventory management, demand planning and expert advice in support of the Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) and South Caucasus Pipeline (SCP) facilities.
The new scope of work includes the provision of support for stocking including the monitoring of minimum and maximum levels of stock, quality assurance and quality control checks, rationalization and forecasting.
The contract also covers tracking of freight movement, li aison with BP personnel on anticipated volumes, alternatives for any long lead time or obsolete lubricants, development of lubrication strategies for various installations, management of lubricant oil database, filtration/clean up and ferrography predictions.
Petrochem is the sole distributor for BP Lubricants in Azerb aijan since 1993.
In order to provide a round-the-clock service seven days a week, Petrochem has built a dedicated lubricants warehouse. In addition, Petrochem has commissioned for a blending facility to be built in conjunction with BP and Castrol Offshore, which will be audited and approved to BP Group standards.
"This will enable us to produce selected fast-moving products under the appropriate licence," says Farhad Aliyev, General Manager of Petrochem Group.