marine link image

Subsea 7 Wins Offshore Azerbaijan Deal

March 12, 2018

Subsea 7 S.A. announced the award of a contract by BP Exploration for the provision of subsea inspection, repair and maintenance (IRM) services on both the Azeri-Chirag-Gunashli (ACG) and Shah Deniz (SD) fields, offshore Azerbaijan.

Under the terms of this five year agreement, the scope of work comprises the provision of a Life of Field support vessel complete with work class and observation class ROVs, capable of performing inspection, survey, intervention, light subsea construction, surface diving and emergency response services. The life of field support vessel will be supported by a Baku based onshore project management and engineering team.
 
Services will begin in March 2018 with a project team located in Baku and additional specialist support being provided from i-Tech Services' operations centre in Aberdeen.
 
Steve Wisely, i-Tech Services Senior Vice President, said, 'The award of this long term IRM contract by BP acknowledges the capability, capacity and diversity of our offering in the Life of Field market. This contract represents a significant milestone for i-Tech Services, with our entry into Azerbaijan. It provides us with an opportunity to develop our in-country and regional presence and tailor our service offerings to support BP's ongoing IRM activities and future offshore developments. We look forward to growing our valued relationship with BP and extending our track record for successfully delivering safe, reliable and efficient Life of Field services.'
 

Logistics News

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

Subscribe for Maritime Logistics Professional E‑News

Trump is weighing executive action to ease airport safety snags.
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
Norway temporarily reduces petrol and diesel taxes amid Middle East War