Baku Shipyard secures first major contract - to build subsea vessel for Shah Deniz projectYard News // April 25, 2014
Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a subsea construction vessel.
When completed, the vessel will be deployed for the Stage 2 development of the Shah Deniz field, which lies some 70km offshore in the Azerbaijan sector of the Caspian Sea.
The Shah Deniz Stage 2 project requires a subsea installation vessel to install the subsea structures over 11 years between 2017 and 2027. The vessel will have dynamic positioning to allow for work in 2.5m significant wave height (Hs), a 750 tonne main crane capable of operating to 600m, an 18-men two-bell diving system, two work-class remotely operated vehicles (ROVs), a moonpool, two engine rooms with 6 x 4.4MW + 2 x 3.2MW engines and a deadweight of 5,000 tonnes at 6.5m draft.
The new subsea vessel will be designed by Marine Technology Development, the ship design and development arm of Keppel Offshore & Marine (Keppel O&M). The vessel is expected to be completed in April 2017.
The 62 hectare shipyard is capable of undertaking the construction of a wide range of specialised vessels and merchant ships including subsea vessels, anchor handling tug/supply vessels and multi-purpose offshore support vessels such as platform supply vessels, as well as tankers and cargo vessels. The yard also has ship repair and conversion capabilities.