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HALLIBURTON SUBSEA OPENS CASPIAN MARINE BASE
ABERDEEN, Scotland - Halliburton International Inc. and KASPMORNEFTELOT (KMNF), the marine division of the State Oil Company of Azerbaijan Republic (SOCAR), have entered into a 12-year contract for a marine base and associated services to support Halliburton Subsea offshore construction activity in the Caspian region. Halliburton Subsea is a business unit of Halliburton Company's (NYSE: HAL) Energy Services Group.
The base, with a 6,000-square metre lay down area, is located at KMNF's Southern Basin adjacent to Caspian Shipyard. The base will be primarily utilized to support Halliburton Subsea's catamaran crane vessel Qurban Abbasov (previously known as the Titan 4) during the restoration and upgrade of the vessel and during the forthcoming offshore construction, pipelay and subsea activities. The site will also be developed to provide warehouse, office and training facilities that will include advanced diver and life support technician training, utilizing the company’s 16-man modular saturation system.
The Qurban Abbasov is operated by Halliburton Subsea in an alliance agreement with SOCAR for a period of 12 years. It will provide an advanced, stable, dynamically positioned construction platform for saturation and remote vehicle diving; flexible and bundle pipeline installation with trenching; emergency pipeline repair, subsurface well intervention with wire line; and coiled tubing. It also will be used in flotel configuration for hook-up and commissioning work.
"The acquisition of the marine base is a further indication of our commitment to the Caspian region and to the success of the partnership arrangements with SOCAR," said Edgar Ortiz, president and chief executive officer, Halliburton’s Energy Services Group.
Halliburton's Energy Services Group (ESG) delivers real-time systems, technologies, and services to the upstream oil and gas industry. The Halliburton Subsea segment of ESG provides comprehensive subsea engineering, installation, and construction with a fleet of 84 ROVs, six construction and survey class Dynamic Positioning (DP) vessels, three construction class DP semi-submersibles and an array of subsea production equipment. The depth and breadth of the Energy Services Group's integrated products, services, and solutions allows its customers to more efficiently, find, develop, and produce oil and gas reservoirs.
Halliburton Company, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments.
Contact
Julie MacGregor
julie.macgregor@halliburton.com
Halliburton Company
Public Relations
Aberdeen
(p) 44.1224.777.182
Wendy Hagan
wendy.hagan@halliburton.com
Halliburton Company
Public Relations
Americas
(p) 713.676.5619
Employment Contact
jobs@halliburton.com
(p) 800.888.7668
ext. 8005
Supplier/Procurement Contact
Dave Ireland
dave.ireland@halliburton.com
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