27th International Caspian Oil & Gas Exhibition

2 - 4 June 2020 • Baku Expo Center

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CASPIAN OIL & GAS - Baku, Azerbaijan, Oct.1 By Leman Zeynalova – Trend: The Trans Anatolian Natural Gas Pipeline (TANAP) project, which is a part of the Southern Gas Corridor, with its Best Environmental Practices, received “The Green World Awards 2019” under the category of Sustainability, Trend reports citing TANAP consortium. The award was presented at a special ceremony held in Ho Chi Minh City of Vietnam on 30th September 2019. “With this award given by the Green Organization, a non-profit organization with a worldwide reputation and with its independent jury, assessing the most successful projects in the areas of environmental protection and sustainability, where companies such as Saudi Aramco, Korea Airports, VECOR, BOTAŞ have been also awarded out of more than 500 candidates this year, TANAP has added a new one to its international achievements,” said the consortium. TANAP has also been invited to the Green World Ambassadors Ceremony as a “Green World Ambassador” on 25th of November, 2019 at the Houses of Parliament, Palace of Westminster, London. The initial capacity of TANAP, which is the main segment of the Southern Gas Corridor, is 16 billion cubic meters of gas. Around six billion cubic meters of this gas will be supplied to Turkey while the remaining volume - to Europe. After the completion of the Trans Adriatic Pipeline (TAP) construction, gas will be supplied to Europe in early 2020. The share distribution of TANAP shareholders is as follows: Southern Gas Corridor CJSC - 51 percent, SOCAR Turkey Enerji - 7 percent, Botas - 30 percent, BP - 12 percent.

Baku, Azerbaijan, Oct.1 By Leman Zeynalova – Trend: The Trans Anatolian Natural Gas Pipeline (TANAP) project, which is a part of the Southern Gas Corridor, with its Best Environmental Practices, received “The Green World Awards 2019” under the category of Sustainability, Trend reports citing TANAP consortium. The award was presented at a special ceremony held in Ho Chi Minh City of Vietnam on 30th September 2019. “With this award given by the Green Organization, a non-profit organization with a worldwide reputation and with its independent jury, assessing the most successful projects in the areas of environmental protection and sustainability, where companies such as Saudi Aramco, Korea Airports, VECOR, BOTAŞ have been also awarded out of more than 500 candidates this year, TANAP has added a new one to its international achievements,” said the consortium. TANAP has also been invited to the Green World Ambassadors Ceremony as a “Green World Ambassador” on 25th of November, 2019 at the Houses of Parliament, Palace of Westminster, London. The initial capacity of TANAP, which is the main segment of the Southern Gas Corridor, is 16 billion cubic meters of gas. Around six billion cubic meters of this gas will be supplied to Turkey while the remaining volume - to Europe. After the completion of the Trans Adriatic Pipeline (TAP) construction, gas will be supplied to Europe in early 2020. The share distribution of TANAP shareholders is as follows: Southern Gas Corridor CJSC - 51 percent, SOCAR Turkey Enerji - 7 percent, Botas - 30 percent, BP - 12 percent.
01.10.2019

Baku, Azerbaijan, Oct.1

By Leman Zeynalova – Trend:

Subsea 7 announced today the award of two contracts, together representing a sizeable(1) contract award, by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 metres, Trend reports citing the company.

The work scopes comprise engineering and fabrication of subsea structures, engineering, transport and installation of spools, the launching of a 16,200 tonne jacket and the float-over of an 18,500 tonne topside.

The contracts will be executed in consortium with BOS Shelf, which will be responsible for the fabrication, logistics and facilities support. Engineering work shall commence immediately from Subsea 7’s office in France and offshore execution is expected to take place in 2021 and 2022.

Gilles Lafaye, Subsea 7’s Vice President Africa Region, said: “This project reflects our long-term relationship and early engagement with BP Exploration and builds on our Life of Field activities in Azerbaijan. We look forward to increasing our presence in the Azerbaijani market with safe and reliable solutions for its offshore energy developments.”


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