Subsea 7 awarded Caspian Sea contracts by BP

Subsea 7 awarded Caspian Sea contracts by BP

Subsea 7 has been awarded a pair of contracts by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea, off Azerbaijan.

The contracts are for the engineering and fabrication of subsea structures, engineering, transport and installation of spools, the launching of a 16,200 tonne jacket and the float-over of an 18,500 tonne topside. They will be executed in consortium with BOS Shelf, which will be responsible for the fabrication, logistics and facilities support.

Gilles Lafaye, Subsea 7’s Vice President Africa Region, said: “This project reflects our long-term relationship and early engagement with BP Exploration and builds on our Life of Field activities in Azerbaijan. We look forward to increasing our presence in the Azerbaijani market with safe and reliable solutions for its offshore energy developments.”

Offshore execution is expected to take place in 2021 and 2022, and value of the contract is somewhere in the range of $50m to $150m.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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