BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium recently were awarded a $1.5 billion contract from the Shah Deniz consortium to transport and install deep-water production systems for the Shah Deniz stage 2 project, a pipeline operated by British Petroleum (BP) that feeds natural gas from the Shah Deniz gas field, under the Caspian Sea, to European markets.
“We are pleased to continue cooperation with our strategic offshore installation contractor and its major local consortium partners to progress the execute phase of the giant Shah Deniz stage 2 project,” Frank Wilson, BP’s vice president for the Shah Deniz stage 2 marine and subsea project, said.
The work covered by the contract, which has a projected completion estimate of mid-2022, will cover transporting and installing subsea production systems for the deep-water portions of the project. The contract includes a five-year extension option.
“The new flagship vessel Khankendi, which is currently under construction by Baku shipyard, will provide essential support for the installation of the stage 2 subsea structures – the biggest subsea production system ever built in the Caspian,” Wilson said. “The construction of the Khankendi is making excellent progress, with the hull strips and bow block already integrated. This major contract award for the installation of subsea production systems underpins our commitment to deploy new advanced subsea production technology for the first time to the Caspian as part of the Shah Deniz stage 2 development.”
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