BAKU, Azerbaijan, Jan.18
By Leman Zeynalova – Trend:
The work on installation of Karabagh support block is ongoing, Ibrahim Ahmadov, deputy head of the public relations and events department at Azerbaijan’s state oil company SOCAR, told Trend.
He pointed out that there is a concept of connecting the communication lines to Azeri-Chirag-Gunashli platforms and oil and gas lines. “In this regard, engineering works are underway together with partner companies.”
BOS Shelf, the operator of the Heydar Aliyev Baku Deep Water Jackets Plant, has completed the construction of the Karabagh support block, which is the largest offshore jacket for use in oil and gas production in the history of field development in the Caspian Sea.
The structure with a height of 187 meters and a weight of more than 16,300 tons will be installed at a depth of 182 meters.
In March 2020, Azerbaijan State Oil Company SOCAR and Norwegian Equinor have confirmed the fact of discovery of the Karabagh oil field in the Azerbaijani sector of the Caspian Sea, 120 kilometers east of Baku.
The drilling of the first appraisal well at Karabagh oil field was started on December 23, 2019. The well was drilled in water depth of 180 meters by the Dada Gorgud semi-submersible drilling rig operated by SOCAR’s Caspian Drilling Company (CDC). The reservoir is at a depth of approximately 3.4 kilometers. Estimated size of the discovered volumes of oil and gas are satisfactory for pursuing commercial development of the Karabagh field.
Its oil reserves estimated more than 60 million tons. “It will produce 1.5 million tons of oil per year, but it is too early to predict the volume of exports from this field.
The joint venture of Azerbaijan’s state oil company SOCAR and Norway’s Equinor for the Karabagh oil field has been established and the two companies each have a 50 percent share.
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