Saipem, in consortium with BOS Shelf LLC and BOS Shelf International FZCO — both affiliates of the State Oil Company of the Azerbaijan Republic (SOCAR), has secured three new offshore contracts for the Shah Deniz Compression Project, operated by bp in Azerbaijan. The combined value of the contracts is approximately USD 700 million, of which…
KBR has announced that its joint venture with SOCAR, SOCAR-KBR LLC, has secured two new contracts from BP in Azerbaijan. The first contract supports the Sangachal Terminal Electrification (STEL) project, the country’s largest oil and gas reception terminal. The second is for the Shah Deniz Compression (SDC) gas field project.
Under these agreements, SOCAR-KBR will…