AIOC awards Azeri field contract to Bouygues Offshore

By the OGJ Online Staff

HOUSTON, Sept. 5 -- Azerbaijan International Operating Co. has selected Bouygues Offshore SA for a 170 million euro ($155 million) contract for fabrication of offshore structures for Azeri field, 120 km southeast of Baku.

The contract should be signed within 3 months.

The deal includes the fabrication and loading of two jackets and associated piles, with a total weight of 45,000 tons.

The structures will be built at the Baku yard of SPS, a subsidiary of State Oil Co. of Azerbaijan Republic (SOCAR). They will be delivered in 3 years.

Azeri field is being developed with Chirag and Guneshli fields. Partners in the Azeri-Chirag-Guneshli oil project off Azerbaijan recently approved the 31 billion kroner ($3.5 billion) first phase of expanded development (OGJ Online, Aug. 31, 2001).

The 10 members of the AIOC consortium are operator BP PLC, with 34% interest; Unocal Corp., with 10.3%; SOCAR, 10%; Lukoil, 10%; Statoil AS, 8.6%; ExxonMobil Corp., 8%; Turkey's state-owned petroleum company Turkiye Petrolleri AO (TPAO), 6.8%; Devon Energy Corp., 5.6%; Itochu Corp., 3.9%; Delta/Hess (K&K) Ltd., a joint venture between Amerada Hess Corp. and Delta Oil Central Asia Ltd., 2.7%.

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