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Wood Group lands Shah Deniz gas contract

Wood Group lands Shah Deniz gas contract

ABERDEEN, Scotland, June 3 (UPI) --Scottish engineering company Wood Group Kenny said Tuesday it landed a $60.2 million contract from BP to develop gas reserves off the coast of Azerbaijan.
Daniel J. Graeber
Turkey leans away from Russia with Azeri gas deal

Turkey leans away from Russia with Azeri gas deal

ANKARA, Turkey, June 2 (UPI) --Turkey says its move to acquire a stake in the Shah Deniz natural gas field off the coast of Azerbaijan is part of a regional diversification strategy.
Daniel J. Graeber
Pipeline for EU, TAP, looking for onshore bidders

Pipeline for EU, TAP, looking for onshore bidders

BAAR, Switzerland, May 13 (UPI) --The consortium managing the planned Trans-Adriatic pipeline said it was seeking contractors for the onshore section planned through Greece and Albania.
Daniel J. Graeber
RWE Dea wades into Azeri waters

RWE Dea wades into Azeri waters

HAMBURG, Germany, May 6 (UPI) -- German energy company RWE Dea said Tuesday it signed an agreement to examine the oil and gas potential in the shallow waters off the coast of Azerbaijan.
Daniel J. Graeber
Saipem lands Shah Deniz contract

Saipem lands Shah Deniz contract

MILAN, Italy, May 1 (UPI) -- Italian company Saipem said it won a $1.8 billion contract from BP for engineering and construction work at the Shah Deniz field off the coast of Azerbaijan.
Daniel J. Graeber
BP adds to list of contracts for Shah Deniz

BP adds to list of contracts for Shah Deniz

BAKU, Azerbaijan, April 24 (UPI) -- British energy company BP said it signed a $378 million contact for a construction vessel in Azerbaijan for development of the offshore Shah Deniz gas field.
Daniel J. Graeber
Oil services group Expro lands Shah Deniz contract

Oil services group Expro lands Shah Deniz contract

READING, England, April 23 (UPI) -- Oilfield services company Expro said Wednesday it won a contract to help BP develop Phase II of the Shah Deniz gas field in the Azeri waters of the Caspian Sea.
Daniel J. Graeber
TAP pipeline seeks construction, pipe bids

TAP pipeline seeks construction, pipe bids

ZUG, Switzerland, April 15 (UPI) -- The consortium managing the planned Trans-Adriatic Pipeline for Europe said Tuesday it is looking for pipe and engineering contracts for the project.
Daniel J. Graeber
TAP pipeline gets nod for Albanian construction

TAP pipeline gets nod for Albanian construction

ZUG, Switzerland, April 9 (UPI) -- The consortium behind the planned Trans-Adriatic natural gas pipeline said it received the necessary permits to start work on the project in Albania.
Daniel J. Graeber
EU puts emphasis on Southern Gas Corridor

EU puts emphasis on Southern Gas Corridor

April 3 (UPI) -- The Southern Gas Corridor of transit networks is a necessary ingredient for energy security, a joint U.S.-European Union statement said.
Daniel J. Graeber

BP-led group awards contracts for Shah Deniz II gas field

BAKU, Azerbaijan, March 20 (UPI) -- A BP-led consortium said it awarded $841 million worth of construction and engineering contracts for work in the Shah Deniz gas field off Azerbaijan's coast.

Baku creates entity to manage Shah Deniz

BAKU, Azerbaijan, Feb. 26 (UPI) -- The government of Azerbaijan announced it established a company to manage Phase II of the Shah Deniz gas field in the Caspian Sea and its associated pipelines.

Gas through Nord Stream exceeds 800 billion cubic feet

MOSCOW, Jan. 28 (UPI) -- Gas deliveries through the twin Nord Stream pipelines from Russia through the Baltic Sea exceeded 800 billion cubic feet last year, the project's operator said.

Azeri gas deliveries to Russia suspended

BAKU, Azerbaijan, Jan. 15 (UPI) -- Azerbaijan's state energy company said Wednesday natural gas deliveries to Russia were disrupted because of maintenance issues.

Barroso: Shah Deniz approval a 'milestone' for Europe

BAKU, Azerbaijan, Dec. 17 (UPI) -- The European Commission president said Tuesday's decision to invest in a gas corridor from Azerbaijan is a "breakthrough" for energy security.
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Wiki

Shah Deniz gas field is the largest natural gas field in Azerbaijan. It is situated in the South Caspian Sea, off the coast of Azerbaijan, approximately 70 kilometres (43 mi) southeast of Baku, at a depth of 600 metres (2,000 ft). The field covers approximately 860 square kilometres (330 sq mi). The Shah Deniz gas and condensate field was discovered in 1999. It is to bring gas into Europe without having to traverse countries like Russia or Iran, deemed to be politically unreliable by some in order to promote their projected Nabucco pipeline.

The Shah Deniz field is operated by BP which has a share of 25.5%. Other partners include Statoil (25.5%), SOCAR (10%), Total S.A. (10%), LukAgip, a joint company of Eni and LUKoil (10%), NIOC (10%), and TPAO (9%).

The Shah Deniz reserves are estimates to be between 1.5 billion barrels (240,000,000 m3) to 3 billion barrels (480,000,000 m3) of oil equivalent from 50 to 100 billion cubic meters of gas. Gas production to date at the end of 2005 was estimated to be approximately 7 billion cubic meters (600 mmcf/day avg). The Shah Deniz field also contains gas condensate in excess of 400 million cubic meters.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Shah Deniz."
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