KBR, Socar JV bags FEED contract Azeri Central East project

KBR, Socar JV bags FEED contract for Azeri Central East project

5:15 AM, 17th January 2018
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HOUSTON, US: KBR Inc (KBR) said that its joint venture with Socar has been awarded two separate front-end engineering design (FEED) contracts from Azerbaijan International Oil Company. For a new production, drilling, quarters (PDQ) platform – the Azeri Central East (ACE) platform – to be located in the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijan sector of the Caspian Sea.

The contracts cover the provision of FEED services for the new platform, along with associated brownfield tie-ins to other existing platforms in the ACG field, and a separate contract for the subsea services FEED.

Following previous awards to other regional and international clients, these contracts mark the 4th and 5th awards to the joint venture, Socar-KBR Limited Liability Company (Socar-KBR), since its inception in mid-2015. Socar-KBR was formed to help further Azerbaijan's ambition for creating a world-class Azerbaijan based engineering company.

"Through the Azerbaijani engineering company, Socar-KBR we are partnering KBR's proven tools, systems, and procedures and our project track record in the Azerbaijan , Turkey and Georgia (AGT) region with Socar's operation knowledge and experience in the oil and gas sector," said Jay Ibrahim, president, EMEA, KBR.

"KBR has been working in the Azerbaijan-Georgia-Turkey (AGT) region since 1993 which gives us unrivalled experience and knowledge of existing on and offshore greenfield and brownfield assets. During that time, KBR has completed over 25 million man-hours of work with zero lost time incidents," added Ibrahim.

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