BP restarts oil production on an offshore platform in Azerbaijan ahead of schedule

British-based energy giant BP has completed planned maintenance work on one of the platforms on its giant Caspian Sea oil field off the coast of Azerbaijan earlier than expected, helping to restore oil production.

Deepwater Gunashli Platform; Source: BP

After a temporary halt in production Deepwater Gunashlione of the seven Azerbaijan-Chirag-Gunashli (ACG) platforms in the Caspian Sea, which started on April 25 to enable efficient maintenance, inspection and project work, BP completed planned maintenance activities (TAR) ahead of schedule.

Because this work did not take 15 days as originally advised, the platform’s production and export systems were restarted on May 7. As a result, production is currently being ramped up to levels before the scope of work was reached. out.

According to BP, the work program included inspections and various projects, such as valve replacements and nuclear power source replacements, along with required repair work. The company explains that these planned events are “a necessary part of long-term reliability, integrity and production performance and are carried out regularly at all BP-operated facilities in the region.”

The Deepwater Gunashli (DWG) complex, located on the eastern side of the Gunashli field at 175 meters water depth, is the third phase of development of the ACG field in the Azerbaijani sector of the Caspian Sea.

With oil production underway since April 2008, the complex consists of two bridge-connected platforms: a drilling, utilities and quarrying (DUQ) platform with 48 slots, and a process, gas compression, water injection and utilities platform ( PCWU).

BP recently started oil production from its new 48-slot production, drilling and quartering platform in the Caspian Sea. The ACG partners are BP (operator, 30.37%), SOCAR (25.0%), MOL (9.57%), Inpex (9.31%), Equinor (7.27%), ExxonMobil (6 .79%), TPAO (5.73%), ITOCHU (3.65%) and ONGCvidesh (2.31%).

Like other oil giants, BP saw a quarterly and annual decline in profits in the first quarter of 2024 due to lower energy prices, but the company still managed to ramp up its oil production.