KBR bags Azerbaijan deals

KBR’s joint venture with the State Oil Company of Azerbaijan Republic (SOCAR) has received two FEED contracts for the Azeri Central East platform, the Houston-based contractor announced on Tuesday.

The platform, which according to media reports is to cost a total of USD 3.5 billion-3.8 billion, will be located in the Azeri-Chirag-Gunashli field in the Caspian Sea.

“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 region with SOCAR’s operation knowledge and experience in the oil and gas sector,” said Jay Ibrahim, the company’s president for Europe, the Middle East and Africa.

“KBR has been working in the Azerbaijan-Georgia-Turkey region since 1993, which gives us unrivalled experience and knowledge of existing on- and offshore greenfield and brownfield assets. During that time, KBR has completed over 25 million man-hours of work with zero lost-time incidents.”

The price tag of the FEED contracts was not disclosed.