Bank Of Baku

Two contracts in worth of over $360 mln signed within Shahdeniz-2

Two contracts in worth of over $360 mln signed within Shahdeniz-2
# 22 June 2015 12:27 (UTC +04:00)

The project operator BP-Azerbaijan told APA-Economics that all construction and installation works are developing in Azerbaijan and Georgia.

 

Shahdeniz signed two contracts as a part of these works. Signing of those contracts supports implementation schedule of the project.

 

The first contract, which costs $297 mln, was signed with FMC Kongsberg Subsea AS. The contract envisages supply of submarine manifolds, equipments for complexes #3, 4 and 5. The supply of equipments will be carried out in 2016-2021.  

 

The second contract ($66 mln) was signed with OneSubsea (UK) Ltd company for supply of the second party of three parties planned for the submarine fountain reinforcements and auxiliary devices. The process will cover 2016-2021.  

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THE OPERATION IS BEING PERFORMED