Azerbaijan’s Shah Deniz awards $1.8-billion offshore installation contract

April 30, 2014

The Shah Deniz consortium announced a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium, Trend reported on April 29.

"The award of this $1.8 billion contract, part of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects, underlines the tremendous progress made across all areas since the final investment decision last December," according to a message from the Shah Deniz consortium.

The scope of work of this contract includes the offshore transport and installation of both jackets and topside units, subsea production systems and subsea structures. It also includes the laying of over 360 kilometres of subsea pipelines, diving support services, the upgrade of three installation vessels - the pipelay barge "Israfil Huseynov", the diving support vessel "Tofiq Ismayilov" and the derrick barge "Azerbaijan". The work is expected to be completed by the end of 2017.

Copyright: Trend, 2014