Bumi Armada to lay Caspian inter-field pipelines

Offshore staff

ASTRAKHAN, Russia – OOO LUKOIL-Nizhnevolzhskneft has contracted Bumi Armada Caspian to install subsea oil and gas pipelines at the Vladimir Filanovsky field in the Russian sector of the Caspian Sea.

These will connect the V. Filanovsky and Yu. Korchagin fields. Each pipeline will be around 40 km (24.8 mi) long, and be equipped with band anodes, three-layer insulation based on extruded polypropylene, and solid concrete ballasting coating.

Bumi Armada also will lay seven starting sections of the infield pipelines, each 1 km (0.6 mi) long, at the riser block assembly point at the V. Filanovsky field. These lines will be used for further infrastructure development of the field.

The first stage of pipeline construction should be completed by end-2014 and the second stage in summer 2015.

Overall, the infrastructure development project for the field incorporates more than 330 km (205 mi) of subsea lines and 350 km (217 mi) of onshore lines.

Lukoil estimates recoverable oil reserves at V. Filanovsky at 153.1 MM tons (≈1.1 Bbbl), and gas reserves at 32.2 bcm (1.14 tcf). Field commissioning is scheduled for end-2015.

4/25/2012

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