
Subsea Construction Vessel Launched in Azerbaijan
network of yards through Keppel Singmarine, Baku Shipyard and Marine Technology Development to deliver innovative solutions for Azerbaijan, which is a land-locked country. Over the last two decades, we have delivered a number of significant projects for Azerbaijan, such as the semisubmersible rig Heydar Aliyev four months ago, and look forward to continue supporting Azerbaijan's oil and gas industry." The Khankendi was built to the design of Marine Technology Development, the ship design and development arm of Keppel O&M, while Keppel Singmarine, a subsidiary of Keppel O&M, had
5-Yrs Extension for Rig Heydar Aliyev
Maersk Drilling has been awarded a 5-year contract extension for the semi-submersible Heydar Aliyev rig with BP Exploration (Shah Deniz) Limited acting as Operator of the Shah Deniz field . The rig will continue working on the development of the Shah Deniz field in the Caspian Sea offshore Azerbaijan. The extension is in direct continuation of the current contract ending May 2016 and extends the contract until May 2021. The estimated value of the contract extension is up to USD 523m. “We are very pleased with the extension for the Heydar Aliyev rig and look forward to continue