BP extends contract for drilling operations in Azerbaijan


April 16, Fineko/abc.az. BP-Azerbaijan, the operator of oilfield block Azeri-Chirag-Gunashli (ACG) and Shah Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea, has signed a new contract for drilling and engineering design works in Azerbaijan.

BP-Azerbaijan reports that the 5-year contract is estimated at $500 million with the possibility of twice extension by a year.

с возможностью продления два раза на год.

"The contract envisages operations with drilling rig on seven platforms, managed by BP, including operations with offshore drilling rigs and maintenance work on platforms ‘Central Azeri’, ‘East Azeri’, ‘West Azeri’, ‘Deepwater Gunashli’, ‘West Chirag’, ‘Chirag’ and ‘Shahdeniz’," the Company said.