Shah Deniz 2The contract for the development of the Shah Deniz gas field was signed on June 14, 1996 in Baku, and ratified by the Azerbaijan’s parliament on October 17 of the same year.
The shareholders of the Shah-Deniz consortium made the decision on the development of “Stage-2” field on December 17, 2013.
By upgrading the production capacity of the Baku Deep Water Jacket Factory named after Heydar Aliyev, BOS Shelf was ready to start implementing the Shah Deniz 2 project, operated by BP.
After signing a contract with BP in 2013 on the construction of deep water jackets for Shah Deniz 2, the project, due to its complexity, became a challenge for the BOS Shelf team, which was to solve issues with new technical requirements and tasks.
The company had to build two deep water jackets (SD2-PR, SD2-QU) and five underwater clusters within the project.
The first SD2-PR jacket (13,718 tons) was built in August 2016, and the second one - SD2-QU (12,675 tons) in March 2017.
BOS Shelf managed to perform the bulk of the work ahead of schedule. The company continues to provide accompanying service within the framework of Shah Deniz 2.
The participants of the Shah Deniz project are BP (operator, 28.8%), SOCAR (16.7%), Petronas (15.5%), LUKOIL (10%), NICO (10%) and TPAO (19%).
Annual production within the “Stage-2” is expected to be 16 billion cubic meters (10 billion to the European market, 6 billion to Western regions of Turkey).
Shah Deniz 2, which is one of the most significant energy projects, attracting a large amount of foreign investment to Azerbaijan, is also one of the most difficult to implement projects for subsea gas production in the world.