OneSubsea wins supply contract for Shah Deniz Two
A contract has been awarded to OneSubsea®, a Cameron and Schlumberger company, for the Shah Deniz Two development, operated by BP, offshore Azerbaijan. The contract totals over US$60 million.
OneSubsea offers reservoir recovery for the subsea oil and gas industry through integration and optimisation of the entire production system over the life of the field.
Subsea production trees and ancillaries
In 2013, OneSubsea was awarded the initial contract for subsea trees for Shah Deniz Two and this will now extend. The new contract involves the supply of the second of three planned batches of subsea production trees and ancillaries.
OneSubsea’s Chief Executive Officer, Mike Garding stated: “We are very pleased to be continuing the work on the Shah Deniz development. These high pressure trees are based on the tree technology supplied for the BP Isabela project in the Gulf of Mexico.”
Deliveries are expected to commence in 2016.
Adapted from press release by Cecilia Rehn
Read the article online at: https://www.oilfieldtechnology.com/exploration/29062015/onesubsea-wins-supply-contract-for-shah-deniz-two/
You might also like
Africa needs US$375 billion to develop natural gas sector, says Society of Petroleum Engineers (SPE)
With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.
