Bouygues Offshore Awarded Contract by AIOC

Bouygues Offshore was granted on July 11 an interim award by the Azerbaijan International Operating Company (AIOC) for the fabrication of offshore structures to be installed on the Azeri field, located 75 miles south-east of Baku, Azerbaijan.

The EUR 170 million contract, expected to be signed within three months, covers the fabrication and the loading of two jackets and associated piles, with a total weight of approximately 45,000t.

The structures will be built at the Baku yard of SPS, a subsidiary of State Oil Company of Azerbaijan Republic (SOCAR) after the refurbishment of the yard. The project is expected to take over three years from the contract signing date.

Commenting on this interim award, Herve Le Bouc, Chairman & CEO of Bouygues Offshore, stated: "This success is based on our technical expertise, marketing approach and strong local presence. This contract will be executed within Phase-1 of Full Field Development of the Azeri, Chirag and Gunashli fields, and bodes well for the Company's future in Azerbaijan, a high potential market."