Subsea 7 secures Azerbaijan contract

Subsea 7 secures Azerbaijan contract

Subsea 7 has been awarded a contract by BP Exploration for the provision of subsea inspection, repair and maintenance (IRM) services on both the Azeri-Chirag-Gunashli and Shah Deniz fields offshore Azerbaijan.

The scope of work comprises the provision of a life of field support vessel complete with work class and observation class ROVs, capable of performing inspection, survey, intervention, light subsea construction, surface diving and emergency response services.

The contract will commence in March for a duration of five years. Total value of the contract is between $150m-300m.

“The award of this long term IRM contract by BP acknowledges the capability, capacity and diversity of our offering in the Life of Field market. This contract represents a significant milestone for i-Tech Services, with our entry into Azerbaijan. It provides us with an opportunity to develop our in-country and regional presence and tailor our service offerings to support BP’s ongoing IRM activities and future offshore developments. We look forward to growing our valued relationship with BP and extending our track record for successfully delivering safe, reliable and efficient Life of Field services,” said Steve Wisely, Subsea 7’s senior vice president of i-Tech Services.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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