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Saipem wins 3 BP Azerbaijan contracts worth $145 million



Saipem has signed three new contracts with BP on their development of Azerbaijan’s Azeri-Chirag-Gunashli (ACG) offshore Oil & Gas field.

The East Azeri platform is one of six operated in the ACG complex
(Image via BP)

Working with its consortium partners Boshelf and STAR GULF FZCO, the company won two contracts for pipeline design, pipelay and associated activities, and one for transportation and installation of four jacket pin piles, subsea structure and spools. Together the contracts are worth $145 million.

The ACG field is located 120km off the coast of Azerbaijan, in the Caspian Sea. It covers an area of over 4,000km2.

Saipem have had previous experience as a contractor on the field since the 1990s. 

The ACG complex includes six production platforms: Chirag 1, Central Azeri, West Azeri, East Azeri, Deepwater Gunashli and West Chirag. It also consists of two process, gas compression, water injection and utilities (PCWU) platforms, equipped with advanced technologies.

BP announced plans in April to invest $6 billion in the Azeri Central East project as the next stage of development in the ACG complex. 

“Saipem has obtained one of these contracts as a result of the FEED phase awarded by BP to Saipem’s XSIGHT Division, in consortium with local partners Bos Shelf and Star Gulf, which were engaged from an early stage and on a fast track basis,” a representative for Saipem said in a statement.

“This excellent result has been achieved thanks above all to collaboration between Saipem’s XSIGHT and Offshore E&C Divisions, a synergy that will be maintained to ensure continuity and efficiency to the execution of the EPCI project.”

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Saipem wins 3 BP Azerbaijan contracts worth $145 million - Time to read 2 min
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