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ECONOMICS
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Turkish firm secures multimillion contract for Shah Deniz platform project

24 December 2025 20:45

Turkish engineering company Hareket Project Transportation (HPT) has signed a two-year contract with the Shah Deniz consortium to provide services for the construction of the Shah Deniz Compression (SDC) platform at Azerbaijan’s Shah Deniz gas condensate field, HPT said in a press release. 

Earlier this month, HPT had announced that it had begun negotiations with the State Oil Company of the Azerbaijan Republic (SOCAR) and BP Plc regarding a service contract for the SDC platform construction project. The contract will cover operational services, Caliber.Az reports via local media

"Further to the announcement by HPT on December 4, 2025, a two-year contract has been signed for engineering, transport and crane services for the construction of the Shah Deniz Compression platform, a joint investment project between SOCAR and BP," HPT said.

The contract is valued at $11 million.

Hareket Project Transportation is an international engineering company offering a full range of services, including project planning, route surveying, lifting solutions, project management, and installation. The company executes large-scale projects in Türkiye and the Caspian Sea region, serving the oil, gas, petrochemical, renewable energy, and power generation sectors.

The Shah Deniz consortium began construction of the SDC platform in late September 2025. Low-pressure gas production from the Alpha platform is scheduled for 2029, with the Bravo platform following in 2030.

The $2.9 billion SDC project is expected to facilitate the production and export of approximately 50 billion cubic meters of additional gas and around 25 million barrels of additional condensate from the Shah Deniz field.

By Sabina Mammadli

Caliber.Az
Views: 55

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