Axar.az
UP
17 November 2017


BP buys 14 offshore support vessels for use

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Topaz Energy and Marine secured a contract with a unit of BP (BP.L) to supply 14 offshore support vessels in the Caspian Sea for up to seven years, the Dubai-based oilfield services firm said in a statement on Thursday.

According to the information spread by Topaz Energy and Marine.

The contract with BP Exploration (Caspian Sea) Limited runs for five years, with two one-year extensions at current market terms, and will primarily support the ACG and Shah Deniz II fields offshore Azerbaijan, it said.
No value for the contract was given in the statement. However, based on the company's average day rate for its core fleet disclosed in its third-quarter results, it would be worth around 541 million USD if both extensions are exercised, according to Reuters calculations.
Topaz will supply large anchor-handlers, platform supply vessels and emergency response and recovery vessels under the contract, the statement added.

Date
2016.03.03 / 13:31
Author
Axar.az
Comments
loading...
See also

Bitcoin exceeds $ 8,000

OPEC Member States Decrease Oil Production

Azerbaijan’s financial situation is very positive

Contract of the Century gave strength to us

BTK railroad is called "cooperation corridor”

SOCAR’s Tower cost $414M

Elizabeth II offshore brought in $ 13 million

Two more banks may merge in Azerbaijan

Powell will be named as next Federal Reserve chair

Georgian PM: BTK is a corridor between China and Europe

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla