BAKU, Azerbaijan, Nov.25
By Leman Zeynalova – Trend:
Denmark-based Maersk Drilling company is considering options for Maersk Explorer in the Caspian Sea, the company told Trend.
“With regards to Maersk Explorer, we are considering the options for the future of the rig, including marketing it for future opportunities in the Caspian Sea,” said the company.
The Istiglal and Maersk Explorer rigs have already drilled 21 wells in total and completed 19 out of those for Shah Deniz 2 production and subsequent ramp-up, Trend reports with reference to bp.
The completed wells include five wells on the North Flank, four wells on the West Flank, four wells on the East South Flank, four wells on the West South Flank and two wells on the East North flank. One well on the West South flank and one well on the East North flank were drilled to final depth and suspended.
This year, Shah Deniz celebrates its 25th anniversary since the signing of the Shah Deniz Production Sharing Agreement (PSA). The PSA was signed on 4 June 1996 between SOCAR and a consortium of foreign companies. It was ratified by the Milli Majlis and became effective on 17 October the same year. The project is the second after ACG largest foreign direct investment made in Azerbaijan and as such it has further strengthened the country’s economy. The Shah Deniz 25th anniversary marks an important milestone in the new history of Azerbaijan’s oil and gas industry.
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