KBR Scores Major FEED Contract for Chirag Oil Project in Caspian Sea


BP Caspian Sea Development
(Click to Enlarge)

KBR has been awarded a contract by BP, on behalf of Azerbaijan International Oil Company (AIOC), to provide front-end engineering and design (FEED) services for the Chirag Oil Project located in the Azerbaijan sector of the Caspian Sea.

KBR will provide FEED and procurement support services for a single, large drilling platform that ties into the existing Azeri-Chirag-Gunashli (ACG) oil field development infrastructure. The project award marks the next milestone in the Chirag Oil Project development, including an incremental expansion to the existing ACG field development. KBR has been involved with the development of the ACG project since 1995. Work on the project is already underway. Services will be provided through KBR's Leatherhead offices, as well as in Baku, Azerbaijan.

"This award follows successful performances by KBR on ACG Phases One, Two and Three, solidifying KBR’s position as a leading contractor in the Caspian Sea region," said John Rose, President, KBR Upstream. "We are proud of the long-standing relationship KBR has developed with BP on the ACG project over the last 13 years, and we are committed to yet another successful project execution on the FEED phase of the Chirag Oil Project."

Background

The ACG oil field, located in the Caspian Sea 75 miles (120 kilometers) offshore Azerbaijan in 394 feet (120 meters) of water, was first discovered during the Soviet era. Developed in three phases, the ACG field has an estimated 5.4 billion barrels of recoverable oil, with production expected to ramp up to 1MMbopd by 2009.

Partners in the Chirag Oil Project, which is operated by BP (34.1%), include Unocal, 10.3%; SOCAR, 10%; INPEX, 10%; StatoilHydro, 8.6%; ExxonMobil, 8%; TPAO, 6.8%; Devon, 5.6%; ITOCHU, 3.9%; Hess, 2.7%.

Related Companies
 Company: BP plcmore info


 - BP, Emerson Extend Automation Services Agreement (Aug 26)
 - Iraq Oil Minister Says $9B in Arrears Paid to Oil Firms (Aug 25)
 - BP 1H Oil Output At Azeri Fields Dips To 641,000 Bpd (Aug 10)
 Company: Exxon Mobil Corporationmore info


 - NPD Grants Statoil Drilling Permit in North Sea (Aug 27)
 - Iraq Oil Minister Says $9B in Arrears Paid to Oil Firms (Aug 25)
 - SKK Migas Approves Tiung Biru, Jambaran Field Development Plan in Java (Aug 19)
 Company: UNOCALmore info
 - Brenham Inks PSC Agreement for Equatorial Guinea Block (Dec 20)
 - PetroChina Is Set to Go It Alone (May 26)
 - KBR Scores Major FEED Contract for Chirag Oil Project in Caspian Sea (Mar 23)
 Company: SOCARmore info
 - Technip Wins TAP Pipeline Project Management Work (Jul 21)
 - Caspian Conference: Azeri Oil, Gas Production Target Raised for 2015 (Jun 4)
 - Caspian Conference: TANAP Key to Delivering Energy Security to Europe (Jun 3)
 Company: Devon Energymore info
 - Devon Quarterly Results Beat Street, Oil Output Up (Aug 4)
 - Devon Energy Names COO Hager As Chief Executive Officer (Aug 3)
 - Suncor Oil Sands Project Aims to Replace Steam with Radio Waves (Jul 14)
 Company: Inpexmore info


 - Japan's Inpex Says Ichthys LNG Project a Little Behind Schedule (Aug 7)
 - Inpex to Drill Exploration Well Offshore Japan in May 2016 (Jul 31)
 - Minister: Indonesia Expects Total to Make Decision on Mahakam within Days (Jul 3)
 Company: TPAOmore info


 - Turkey's TPAO Signs $1.5B Deal To Buy Total's Stake In Azeri Gas Project (May 30)
 - Turkey's TPAO Says In Talks With Exxon, OMV, MOL For Joint Oil Exploration (Feb 19)
 - Dragon Oil, TPAO, Ghazanfar Signs PSCs for 2 Blocks in Afghanistan (Oct 10)
 Company: Itochumore info
 - North West Shelf LNG Tender Goes to BG, Itochu and Statoil (Jun 19)
 - Inpex Buys Stakes in Zapadno-Yaraktinsky, Bolshetirsky Blocks in Irkutsk (Sep 25)
 - Japan Far East Gas, Gazprom Ink MOU for Vladistok LNG Project (Jun 24)
 Company: KBRmore info
 - KBR Wins Fort Hills Oil Sands Mining Work (Jul 24)
 - Kvaerner, KBR Win Topside Contract for Johan Sverdrup Platform (Jun 8)
 - KBR Bags Near-Shore FLNG FEED Contract from Lloyds Energy (Jun 3)
 Company: StatoilHydromore info


 - Samsung Heavy Industries Lands Statoil FSU Construction Contract (Sep 14)
 - First Movers in Eco-Drilling: Going 'Dope'-less (Apr 25)
 - StatoilHydro Delays Hammerfest LNG Start Up (Nov 23)
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Engineer I or II - Electrical
Expertise: Electrical Engineering
Location: Charleston, WV
 
Design Engineer
Expertise: Design Engineer|Mechanical Engineering
Location: Plaquemine, LA
 
I&E Facilities Engineer
Expertise: Facilities Engineer
Location: Dickinson, ND
 
search for more jobs

Brent Crude Oil : $47.56/BBL 10.24%
Light Crude Oil : $42.56/BBL 10.25%
Natural Gas : $2.63/MMBtu 2.23%
Updated in last 24 hours