Petrofac, in its joint venture with the State Oil Company of the Republic of Azerbaijan (SOCAR), has landed a $25million contract with BP in the Caspian.
The work will see SOCAR Petrofac support the Azeri Central East (ACE) project, the latest stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.
ACG is designed to produce up to 100,000 barrels of oil per day, with construction ongoing ahead of expected first oil in 2023.
SOCAR Petrofac will provide around 150 workers, comprising commissioning technicians and other specialist crew, to support the project at both onshore and offshore work sites in-country.
Patty Eid, global head of Petrofac Training Services and SOCAR Petrofac Board member said: “This latest contract award builds on our expanding footprint in-country. The SOCAR Petrofac JV is well positioned to support BP’s operations more widely in the Caspian Sea.
“The development is already generating a significant number of jobs and our scope of work will involve the mobilisation of around 150 specialist personnel over the duration of the contract, and the provision of all associated support services, for the safe and successful performance of the commissioning work.”
BP gave the green light to the £4.6billion ACE project in Azerbaijan in 2019 and the Socar Petrofac joint venture has won numerous contracts with the oil giant in the Caspian region since then.
Khalik Mammadov, SOCAR vice-president for HR, IT and regulations said: “The service sector has become one of SOCAR’s core activities in recent years. It plays an important role in our corporate development.
“The joint venture we have established with Petrofac is already operating at full capacity, expanding its scope of operations and achieving new successes. I believe that the agreement we signed with BP today will give a serious impetus to both the development of the joint venture and lifting our partnership with BP to a new level.”