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25.12.2015 15:44

Agility Subsea Fabrication to fulfill work within SHAH DENIZ 2

Norwegian company Agility Subsea Fabrication (ASF) will perform some works within the project of full-scale development of Azerbaijani field Shah-Deniz in the Caspian Sea.

According to website offshoreenergytoday, in compliance with the first contract the Norwegian company will deliver to Azerbaijan a number of manifolds, foundations and well jumpers for Shah Deniz 2.

Under the second contract, the company will supply collectors and integrated template structures for development on the Norwegian Continental Shelf.

"Both contracts are estimated at about $58 million (more than 500 million NOK)," Agility said.

For ASF, this means that we have a solid basis to secure capacity utilization the next two years. The fact that we have won these contracts gives the team at Agility inspiration to continue the systematic work we started several years ago to increase efficiency and reduce costs in project execution, says Tove Nilsen Ljungquist, CEO of Agility Subsea Fabrication.

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