KBR joint venture receives Absheron FEED contract

Nov. 22, 2017
The SOCAR-KBR Ltd. Liability Co. joint venture has won a front-end engineering design contract for the topsides of the Absheron early production project offshore Azerbaijan.

Offshore staff

HOUSTON – The SOCAR-KBR Ltd. Liability Co. (SKLLC) joint venture has won a front-end engineering design (FEED) contract for the topsides of the Absheron early production project offshore Azerbaijan.

In late 2016, SOCAR and Total signed a framework agreement on the main contractual and commercial principles regulating the program for the first phase of development of the Absheron field in the Azeri sector of the Caspian Sea.

At the first stage, the field development includes drilling one well at a depth of 450 m (1,476 ft). The extraction will amount to 1.5 bcm/yr of gas, which will fully flow to the domestic market of Azerbaijan, as well as significant amounts of condensate. First gas is expected in 2019.

11/22/2017

Courtesy COSCO Shipping & Guangzhou Salvage Heavy Transport Co. Ltd.
Courtesy Wintershall Dea
Courtesy JERSEY OIL AND GAS PLC LinkedIn