OEG Offshore enjoying growth in the Caspian


Image of OEG Offshore enjoying growth in the Caspian

OEG has supported offshore exploration and construction in the Caspian region for more than 20 years via long-established bases in both Kazakhstan and Azerbaijan.

OEG’s local presence and commitment to the region has secured sales and long-term rental contracts valued at over USD $2.5m in 2019. 

The firm will provide standard cargo units as part of a rental contract for SOCAR’s deepwater exploratory drilling at the Umid Gas field to the end of 2019.  Other rental contracts include the supply of drill cuttings boxes, containers, baskets and A60 engineering cabins to support offshore operations at the Banagadi Oilfield, Azerbaijan and onshore drilling in southern Albania. 

OEG has also delivered DNV 2.7-1 offshore containers and skips to the BP Shah Deniz Phase 2 project from the Azerbaijan branch.

Ruslan Tuayev, OEG Caspian Ltd’s Regional Director states, “We have the correct mix of standard cargo units available for sale and rental from the Baku base to support existing contracts as well as forthcoming drilling projects in the region, such as Equinor’s well exploration campaign at the Karabakh Oilfield and BP’s on-going offshore developments.”

“The close geographic proximity of our sister base in Kazakhstan allows for easy mobilization of units throughout the region to meet customer demand.”

OEG has also experienced success with its Kazakhstan base, as it supplies many of the major drilling programs in the region including the Zhambyl Petroleum project with a mix of DNV 2.7-1 offshore cargo units.   

Oksana Nemchenko, OEG Kazakhstan LLP’s Director comments, “By delivering a local market-led range of offshore cargo units and complementary services our dedicated team can provide quick and efficient cargo solutions to meet short timescales associated with offshore projects.”   

With an extensive presence throughout the Caspian, OEG Offshore can support projects in Azerbaijan, Georgia, Kazakhstan, the Russian Federation, Turkmenistan and Eastern Mediterranean.

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Issued by OEG Offshore.  For further information contact Lorraine Mitchell on +44 (0) 1224 215525 or e-mail lorraine.mitchell@oegoffshore.com