(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 17. The first oil
production from the Azeri Central East (ACE) platform at the
Azeri-Chirag-Gunashli block of fields is expected to be launched in
the first quarter of next year, bp Regional President to
Azerbaijan, Georgia, and Türkiye Gary Jones said during a briefing
dedicated to bp's plans for the future, trend reports.
'In connection with the construction of the ACE platform, we
expect an increase in production here. The construction of the ACE
platform has already been completed by 85 percent and it is at the
stage of installation offshore,” Jones noted.
“Besides, work is being completed on the construction of the
upper modules of the platform. I would like to emphasize that ACE
will use the most advanced technology and the platform will be
almost completely automated,' he stressed.
The bp's representative further said that 5,500 people were
involved in the platform construction.
'In the second quarter of this year, we plan to send the upper
modules to the sea, and we expect to start production of the first
oil in the first quarter of next year,' Jones added.
The ACE project is a $6 billion development that includes a new
offshore platform and facilities designed to process up to 100,000
barrels of oil per day. The project is expected to produce over 400
million barrels per day by the end of 2020s.
The ACE project costing $6 billion includes a new offshore
platform and other facilities designed to produce up to 100,000
barrels of oil per day. The ACE platform will maintain oil
production at the Azeri-Chirag-Gunashli (ACG) block of fields above
400,000 barrels per day until the end of the 2020s.
Within the project, a new 48-slot production, drilling, and
quarters platform will be built mid-way between the existing
Central Azeri and East Azeri platforms in a water depth of
approximately 140 meters.
The project will also include new infield pipelines to transfer
oil and gas from the ACE platform to the existing ACG Phase 2 oil
and gas export pipelines for transportation to the onshore
Sangachal terminal. The jacket of the Azeri Central East (ACE)
platform will be installed in a water depth of 137 meters.
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