Azernews.Az

Thursday March 28 2024

New contract for South Caucasus Pipeline Expansion project awarded

22 May 2014 16:48 (UTC+04:00)
New contract for South Caucasus Pipeline Expansion project awarded

By Aynur Jafarova

The South Caucasus Pipeline Company (SCPC) and the Shah Deniz consortium have awarded a new line pipe coating contract for the South Caucasus Pipeline Expansion (SCPX) project.

The contract for line pipe coating worth approximately $70 million was awarded to Bredero Shaw International BV, BP reported on May 22.

The scope of work includes coating of all pipes to be used for SCPX construction.

Bredero Shaw International will coat the pipe externally with three layers of polyethylene material and internally with an epoxy coating.

The duration of this contract is 18 months with the first shipment of line pipe planned to arrive in Azerbaijan later this year.

This award adds to the 13 contracts already announced and underlines the overall progress to schedule of the second stage of development of giant Shah Deniz field in the Azerbaijani sector of the Caspian Sea.

The South Caucasus Pipeline has been operational since late 2006, transporting gas to Azerbaijan and Georgia, and starting July 2007 to Turkey from the first stage of development of Shah Deniz field.

The shareholders are BP, operator (28.8 percent), SOCAR (16.7 percent), Statoil (15.5 percent), Total (10 percent), Lukoil (10 percent), NICO (10 percent) and TPAO (9 percent).

Loading...
Latest See more