VOL. XLVI

No 24

16-June-2003

CASPIAN

Shah Deniz Partners Announce Contracts For Stage 1

Partners in the Shah Deniz offshore gas and condensate project on 5 June distributed a list of contracts awarded for the engineering, procurement, fabrication, construction and drilling activities for Stage 1 of the $3.2bn project. The partners sanctioned Stage 1 last February (MEES, 3 March) and announced in March that the semi-submersible drilling rig Istiglal was being moved into position for the start of a...