Caspian Sea News

05 Apr 2019

Wärtsilä Completes Sea Trials for SceneScan System

SceneScan Topaz 1 (Photo Copyright: Topaz)

The technology group Wärtsilä has successfully completed sea trials of its SceneScan system, the world’s first ‘targetless’ dynamic positioning (DP) laser sensor. This state-of-the-art technology requires no reflector target to be deployed, thereby increasing both safety and operational uptime. The technology has been developed by Guidance Marine, a Wärtsilä company.The tests were carried out onboard the Topaz Citadel, a vessel owned by Topaz Energy and Marine, a leading international…

27 Mar 2019

Arctic (& Wind) Operations: Hands Across the Water

Renderings of the proposed Aeolus wind support fleet

As the North American offshore wind model evolves, it is clear that fit-for-purpose, Jones Act compliant and Arctic ready tonnage will need to be part of the equation. If so, we’ve got that box checked, with a little help from Europe.As of September 2018, the Walney Extension off the United Kingdom is the largest offshore wind farm in the world at 659 megawatts. There are at least 70 major wind farms, each with hundreds of wind turbines, each generating as much as 10 megawatts in offshore England, the North Sea, Russia and China.

06 Mar 2019

DP World to Invest in Kazakhstan Ports

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem with Kazakhstan’s Prime Minister Askar Mamin in Astana. Photo by DP World

The global port operator are in discussions with Kazakhstan government to invest in new infrastructure in the country’s ports and logistics sectors.The potential of DP World investing in new infrastructure in Kazakhstan’s ports and logistics sectors was the focus of discussions between global trade enabler DP World’s Chairman and CEO Sultan Ahmed Bin Sulayem and Kazakhstan’s Prime Minister H.E. Askar Mamin in Astana today.This follows the signing of two framework agreements with…

19 Feb 2019

As Traders Tussle Turkmenistan Cuts Exports

© kamontad123 / Adobe Stock

A clash between trading house Vitol and Azerbaijan's SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports of crude due to a lack of tankers.Turkmenistan typically exports about 200,000 tonnes of oil per month via the Caspian to world markets, mainly from fields operated by the UAE's ENOC and Italy's Eni, but flows have halved in recent weeks, six traders involved in operations said.That happened after Turkmen producers decided to export oil via Russia with the help of Swiss trader Vitol and ditch the previous Azeri route…

15 Feb 2019

EIA: Azerbaijan Surges in Natural Gas

Graphics: U.S. Energy Information Administration

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural gas are poised to become a more significant part of the country’s economy.Azerbaijan produced about 600 billion cubic feet (Bcf) of dry natural gas in 2017 and exported about 210 Bcf, according to EIA’s International Energy Statistics.“Azerbaijan is planning to expand its natural gas exports to Europe.

03 Jan 2019

Oil Shipments from Georgia's Batumi Port Drop 51 pct in 2018

Photo: Batumi Sea Port

Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell 51.2 percent in 2018 from a year earlier, an official at a KazMunaiGas-operated terminal at the port said on Thursday.Some crude oil was re-routed to the Baku-Tbilisi-Ceyhan pipeline and to the Caspian Pipeline Consortium last year, the official added, while some fuel oil was sent to the port of Taman in Russia and Georgia's other Black Sea port of Kulevi.The fall in shipments is partly because Azerbaijan prefers to send its oil through the Baku-Tbilisi-Ceyhan pipeline or via its own terminal in Kulevi, rather than from

10 Dec 2018

ASCO Completes Overhaul of Shirvan-3

Pic: Azerbaijan Caspian Shipping Company

Azerbaijan Caspian Shipping Company (ASCO) has completed the overhaul of the crane vessel Shirvan-3 of the Caspian Sea Oil Fleet. The overhaul was carried out at “Bibi-Heybat” Shipyard.The ropes with a lifting capacity of 100 tons were replaced during the overhaul of the vessel. Besides, the routine maintenance of the main and auxiliary engines, pumps, piping systems, sanitary facilities and electric motors was performed.During the dock repair of the ship “Shirvan-3”, damaged underwater and surface sections of the hull were replaced, painting work was completed.

19 Nov 2018

Griffon Hoverwork to Launch New Model

Photo: Griffon Hoverwork

Griffon Hoverwork will launch  its new 995ED model at  Exponaval in Valparaiso, Chile.“Griffon is hugely excited to unveil the highly innovative 995ED which is specially designed for search and rescue, coastguard and surveying work complementing Griffon’s range of marine grade aluminium hovercraft,” said sales and marketing director Nick MacLeod-Ash. “The 995ED, at eight meters (m) length and 30 knots speed at full ‘all up weight’, is the first hovercraft to achieve certification…

18 Oct 2018

Thordon Bearings Strengthens European Presence

Photo: Thordon

Thordon Bearings, the provider of bearing solutions for marine, has signed sales and distribution agreements with St. Petersburg-based Industrial & Marine Projects (IMPRO) and Tallinn’s Marine Ecology Equipment (MEE), in a development that anticipates the introduction of more stringent pollution rules for European waterways.The appointment of new distributors for Lithuania, Latvia, Estonia, Russia and Azerbaijan coincides with concern that more should be done to reduce the impact…

17 Oct 2018

Lukoil Groundbreaking Ceremony at Rakushechnoye Field

Image: Lukoil

Russia's Lukoil informed its President Vagit Alekperov, jointly with Head of the Astrakhan Region Sergey Morozov, took part in the official groundbreaking ceremony to mark the start of construction of infrastructure facilities of Rakushechnoye field.This is the Company's third large project in the Caspian Sea alongside with two other fields, Yury Korchagin and Vladimir Filanovsky.Commercial oil production, with an estimated plateau level of 1.2 million tonnes, is expected to commence…

12 Oct 2018

Azerbaijan Caspian Shipping Expands Operations

Pic: Azerbaijan Caspian Shipping Company

The issue of expanding the activities of the Azerbaijan Caspian Shipping Company (ACSC) in foreign waters commissioned by President of the Republic of Azerbaijan Ilham Aliyev in order to eliminate dependence on a single market, while maintaining the leading positions of the Shipping Company in the Caspian Sea, is in the center of constant attention.Consistent measures are being taken in this direction. Expanding the activities of the Shipping Company in international waters is of great importance in terms of opening new jobs on a permanent basis…

18 Sep 2018

Azerbaijan Caspian Shipping Repairs Towing-Supply Vessel "Nercha"

Photo: Azerbaijan Caspian Shipping

Major overhaul of the towing and supply vessel "Nercha" belonging to the Caspian Sea Oil Fleet of the “Azerbaijan Caspian Shipping” CJSC has been accomplished at the “Bibiheybat” Ship Repair Yard.During the repair works the ship's main and auxiliary engines, pumps and pipeline systems were repaired. Moreover, the cabins of the crew, sanitary junctions and dining rooms have been renewed.At the same time, by lifting ship to the dock, the works on the adjustment of propulsion-steering complex…

11 Sep 2018

Azerbaijan Caspian Shipping Company Opens Shipping - 160

Photos: Azerbaijan Caspian Shipping

Azerbaijan Caspian Shipping Company (ACSC)  has opned “Shipping - 160”, a photo gallery dedicated to the 160th anniversary of the company for public in Baku Metro. This year ACSC celebrates its 160th anniversary."The residents and guests of capital Baku have a unique opportunity to watch rare photos representing history of Azerbaijan Caspian Shipping Company in main vestibules of all four exits of the station," said a press release from the company.Mehman Mehdiyev, the press secretary…

04 Sep 2018

Azerbaijani Vessels Completes Filanovsky Mission

Photo: Azerbaijan Caspian Shipping Company

The vessels of Azerbaijan Caspian Shipping Company (ACSC) have successfully completed their mission at the “Filanovski” oilfield  in the Russian sector of the Caspian Sea.A press statement from ACSC said that the towing vessel “Yarnega”, owned by Azerbaijan Caspian Shipping Company and lift vessel “Gurban Abbasov” expolited by Shipping Company in alliance with Caspian Marine Services (CMS) successfully completed their missions in “Filanovski” oil field in the Russian sector of the Caspian Sea…

22 Jul 2018

Caspian Littoral States Sign Environment Protocol for the Sea

Photo: United Nations Environment Programme

Littoral countries to the Caspian Sea have made a groundbreaking commitment to evaluate the likely impact that development projects will have on the environment in each other’s states.High-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan today signed the Environment Impact Assessment Protocol under the Tehran Convention.Under the Protocol, countries must follow a set of harmonized practical procedures for assessing the impact that a project will have on the environment in another state.Impacts on human health…

10 Jul 2018

Azerbaijan Caspian Shipping Carry Out Dredging in Russian Sector of Caspian Sea

Photo: Azerbaijan Caspian Shipping

The vessels owned by the Caspian Sea Oil Fleet of the CJSC "Azerbaijan Caspian Shipping Company" carry out dredging operation at the Filanovsky field on the basis of a contract with Voltar Marine. A dredging vessel ("Engineer Balarza Mammadov"), three soil transportation ships (“Bakinskaya 3”, “Bakinskaya 5”, “Bakinskaya 6”) and supply-towing vessel “Yarenga” were involved in the implementation of the dredging project. A total of 27050 cubic meters of dredging works were carried out. Thus, the first stage of the project, which started on June 26, 2013, was completed.

22 Jun 2018

Event on Oil Spill Preparedness in Caspian Sea

Photo: International Maritime Organization (IMO)

How to implement the Aktau Protocol on regional preparedness, response and cooperation in combating oil pollution incidents was the subject of a workshop in Baku, Azerbaijan this week (18-20 June). The event brought together the five littoral states (Azerbaijan, Islamic Republic of Iran, Kazakhstan, Russian Federation and Turkmenistan) of the Caspian Sea to test the Caspian Sea Plan concerning regional cooperation in dealing with oil pollution in cases of emergency, and guidelines on future regional oil spill exercises were developed.

30 May 2018

SOCAR Inks Deals for Caspian Fields with Equinor

Azeri state oil company SOCAR and Norway's Equinor on Wednesday signed a risk service contract for the development of the Karabakh offshore oil and natural gas field in the Caspian Sea.The two companies also signed a product-sharing agreement for Ashrafi, Dan-Ulduzu and Aypara exploration area."The agreements signed today represent a natural next step in the region. This will strengthen our position in a prolific basin and develop growth options," Equinor Chief Executive Eldar Saetre said in a statement.To operate the licences, Equinor and SOCAR will form a 50-50 joint operating company.

02 May 2018

Turkmenistan Seeks to Tap into East-West Cargo Flows with New Seaport

© stdemiriz / Adobe Stock

Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country's main source of hard currency is its gas exports, which took a hit when Russia, once its main customer, stopped all purchases in 2016 after a pricing dispute.The port, in the city of Turkmenbashi, will more than triple Turkmenistan's cargo handling capacity to 25-26 million tonnes a year…

27 Apr 2018

BP Ink Azerbaijan Exploration Deal with SOCAR

Photo: BP

SOCAR, the the State Oil Company of Azerbaijan Republic, and BP signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian Sea. The PSA was signed in London, in the presence of UK Prime Minister Theresa May and Azerbaijan’s President Ilham Aliyev, by Rovnag Abdullayev, President of SOCAR, and BP group chief executive Bob Dudley. Speaking at the signing event  Abdullayev said: “We have a long tradition of successful cooperation with BP.

26 Apr 2018

Vryhof Anchors Announces Stevshark Rex Contracts

Stevshark Rex (Photo: Vryhof Anchors)

Vryhof Anchors, a Vryhof company, has announced a number of contracts for its’ Stevshark Rex anchoring solution with Anglo-French independent operator Perenco and its Congolese subsidiary Perenco Congo SA; Maersk Drilling in Trinidad; and international EPC contactor CNGS Group. In addition, two Stevshark Rex’s will also be deployed by Jan De Nul Group, a dredging, offshore, civil and environmental contractor.The contracts confirm the Stevshark Rex - with versions ranging from three to 60 metric tons (mT) - as the new industry standard in hard soils…

23 Apr 2018

Trump's Revenge: US Oil Floods Europe, Hurting OPEC, Russia

File Image (CREDIT: AdobeStock / © Carabay)

U.S. supplies to Europe set for all-time high in April; on course to overtake Russia, Saudi. As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude. Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they say has largely rebalanced the market and one that has helped elevate benchmark Brent prices close to four-year highs.

18 Apr 2018

Damen Delivers Third Shoalbuster to Kazmortransflot

Damen Shoalbusters 2709 TALAS and EMBA (Photo Tijmen Kielen / Damen Shipyards Damen)

National Maritime Shipping Company Kazmortransflot LLP has taken delivery of its third Damen Shoalbuster 2709, the last in the current order.The vessels are ideal for operations in the shallow waters of the Caspian Sea and are now playing a role in the development of oil fields in the Kazakh section of the inland sea and significantly expanding the range of services that Kazmortransflot can offer its clients. The contracts for the three Shoalbusters 2709 were signed in July 2017 between Damen, NMSC Kazmortransflot LLP and Al Hilal Islamic Bank, which arranged the Sharia compliant financing.

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