Saipem, SOCAR Bag BP Contracts for Shah Deniz Compression

What Saipem (and others) will do in Azerbaijan

Saipem has been awarded three new offshore contracts in Azerbaijan related to a gas field operated by BP. Full details Energy infrastructure company Saipem has been awarded three new offshore contracts in Azerbaijan in a consortium with two subsidiaries of SOCAR, the Azerbaijani state oil company. The contracts, worth a total of $700 million—Saipem's largest share is $600 million—relate to the Shah Deniz Compression project, operated by the ener…

Saipem bags $700m worth of offshore deals with BP in Azerbaijan

Italian energy services major Saipem has been awarded three new offshore contracts for the Shah Deniz Compression project operated by supermajor BP in Azerbaijan. The contracts were secured in consortium with BOS Shelf and BOS Shelf International, affiliates of Azerbaijan’s state-owned oil company SOCAR. The overall value of the contracts is approximately $700m. Saipem’s share amounts to around $600m. Saipem’s scope of work encompasses the trans…

Saipem, SOCAR Bag BP Contracts for Shah Deniz Compression

The compression project will access low-pressure gas and enable the production of an additional 1.77 trillion cubic feet of gas and 25 million barrels of condensate.

Saipem Wins Three Offshore Azerbaijan Contracts

Saipem, in consortium with BOS Shelf LLC and BOS Shelf International FZCO, (both companies being affiliates to the State Oil Company of the Azerbaijan Republic, SOCAR) has been awarded three new offshore contracts for the Shah Deniz Compression…