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Wednesday, 17 January 2018

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


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.

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