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To achieve this manufacturing, as much as 96 further production, water injection and gas injection wells will be drilled, followed by roughly 113 extra sidetrack wells throughout the life of the field. If business reserves of hydrocarbons are discovered, investments to develop the field will develop substantially. Construction will likely be finished partly in Singapore and the assembly will take place in Baku, with Caspian Shipyard Company, a joint venture of Keppel-Fels and SOCAR. Chevron has expressed the intention to participate in both Basic and Detailed Engineering phases of the project and is in discussions with SOCAR relating to conditions for becoming a member of the Sponsor Group. The BTC Partners, comprising SOCAR (50%), BP (25.41% and operator), Unocal (7.48%), Statoil (6.37%), TPAO (5.02%), Itochu (2.92%), Ramco (1.55%) and Delta Hess (1.25%), commenced the basic Engineering program of technical and business work in November 2000, following the signature of the Host Government Agreements with Azerbaijan, Georgia and Turkey, the Turnkey Contract with BOTASH and the Turkish Government assure. The primary stage of drilling has already commenced. The fabrication of the 150-ton template and its 5 piles commenced in November 2001 on the SPS yard and was carried out by BOS-Shelf, an alliance between Bouygues Offshore and the SPS yard, a local Azerbaijani company.
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Roth is at college too, learning international relations and Chinese. Additional prizes had been awarded to the Environmental NGO Green Way, the Green Movement of Azerbaijan, the International Hydrology Program Association of Azerbaijan and the Azerbaijan Society for the Protection of Nature. Above: Azerbaijan’s Minister of Education Misir Mardanov (right) presents an Honorary Award to David Woodward, President of AIOC, in recognition of his firm’s contribution to the event of schooling in Azerbaijan. Above: President Heydar Aliyev (left in entrance of microphones) not too long ago met with Richard Matzke, Vice Chairman of the Chevron Corporation and his delegation. Total estimated investment through the exploration period on the Absheron block is about $200 million, of which about $120 million is the Chevron share. The construction of the smaller tank is scheduled to be accomplished by February 2004. The completion date for the crude oil tanks is deliberate for June 2004. Overall value for the tank building works is estimated at $sixteen million. The contract envisages growth of the terminal storage tankage by 1.6 million barrels (250,000 cubic meters). The Sangachal Expansion Project celebrated the successful completion of Early Civil Works on July 15. This stage included terminal site clearing and leveling, digging a drainage trench around the terminal, relocation of energy cable, development of short-term terminal accommodation, creation of entry roads and provision of water and utilities at the site.
