KBR Joint Venture Selected by BP for Two Energy Security Projects in Azerbaijan
KBR (NYSE: KBR) and its joint venture partner SOCAR have secured two significant contracts from BP in Azerbaijan. The SOCAR-KBR LLC joint venture will provide detailed engineering design and procurement services for the Sangachal Terminal Electrification (STEL) project and the Shah Deniz compression (SDC) gas field project.
The Sangachal terminal, previously designed by KBR, serves as a crucial connection between Azerbaijan and Europe, supporting the country's transition to national grid supply and emissions reduction. The projects will be executed by SOCAR-KBR's Baku office, where 95% of the team consists of local Azerbaijani professionals, supported by KBR's global expertise.
KBR (NYSE: KBR) e il suo partner in joint venture SOCAR hanno ottenuto due importanti contratti da BP in Azerbaigian. La joint venture SOCAR-KBR LLC fornirà servizi di progettazione ingegneristica dettagliata e di approvvigionamento per il progetto di elettrificazione del terminal Sangachal (STEL) e per il progetto del giacimento di gas compressore Shah Deniz (SDC).
Il terminal Sangachal, precedentemente progettato da KBR, rappresenta un collegamento fondamentale tra l'Azerbaigian e l'Europa, supportando la transizione del paese verso l'approvvigionamento dalla rete nazionale e la riduzione delle emissioni. I progetti saranno realizzati dall'ufficio SOCAR-KBR di Baku, dove
KBR (NYSE: KBR) y su socio en empresa conjunta SOCAR han obtenido dos contratos importantes de BP en Azerbaiyán. La empresa conjunta SOCAR-KBR LLC proporcionará servicios de diseño de ingeniería detallada y adquisiciones para el proyecto de electrificación de la terminal de Sangachal (STEL) y el proyecto del campo de gas de compresión Shah Deniz (SDC).
La terminal de Sangachal, diseñada previamente por KBR, es una conexión clave entre Azerbaiyán y Europa, apoyando la transición del país hacia el suministro de la red nacional y la reducción de emisiones. Los proyectos serán ejecutados por la oficina de SOCAR-KBR en Bakú, donde el 95% del equipo está compuesto por profesionales locales azerbaiyanos, respaldados por la experiencia global de KBR.
KBR (NYSE: KBR)와 합작 파트너 SOCAR가 아제르바이잔에서 BP로부터 두 건의 중요한 계약을 확보했습니다. SOCAR-KBR LLC 합작사는 상가찰 터미널 전기화(STEL) 프로젝트와 샤흐 데니즈 압축(SDC) 가스전 프로젝트에 대한 상세 엔지니어링 설계 및 조달 서비스를 제공합니다.
이전에 KBR이 설계한 상가찰 터미널은 아제르바이잔과 유럽을 연결하는 중요한 거점으로, 국가 전력망 공급 전환과 배출 저감을 지원합니다. 이 프로젝트들은 SOCAR-KBR의 바쿠 사무소에서 수행되며, 팀의 95%가 현지 아제르바이잔 전문가로 구성되어 있으며 KBR의 글로벌 전문 지식이 뒷받침됩니다.
KBR (NYSE : KBR) et son partenaire en coentreprise SOCAR ont obtenu deux contrats importants de BP en Azerbaïdjan. La coentreprise SOCAR-KBR LLC fournira des services d'ingénierie détaillée et d'approvisionnement pour le projet d'électrification du terminal de Sangachal (STEL) et le projet du champ gazier de compression Shah Deniz (SDC).
Le terminal de Sangachal, précédemment conçu par KBR, constitue un lien essentiel entre l'Azerbaïdjan et l'Europe, soutenant la transition du pays vers l'alimentation du réseau national et la réduction des émissions. Les projets seront réalisés par le bureau SOCAR-KBR de Bakou, où 95 % de l'équipe est composée de professionnels locaux azerbaïdjanais, appuyés par l'expertise mondiale de KBR.
KBR (NYSE: KBR) und sein Joint-Venture-Partner SOCAR haben zwei bedeutende Verträge von BP in Aserbaidschan erhalten. Das Joint Venture SOCAR-KBR LLC wird detaillierte Ingenieurplanungs- und Beschaffungsleistungen für das Projekt Sangachal Terminal Electrification (STEL) und das Gasfeldprojekt Shah Deniz Compression (SDC) erbringen.
Das Sangachal-Terminal, das zuvor von KBR entworfen wurde, ist eine wichtige Verbindung zwischen Aserbaidschan und Europa und unterstützt den Übergang des Landes zur nationalen Netzversorgung und Emissionsreduzierung. Die Projekte werden vom SOCAR-KBR-Büro in Baku durchgeführt, wo 95 % des Teams aus lokalen aserbaidschanischen Fachkräften bestehen, unterstützt durch die globale Expertise von KBR.
- Strategic contract wins strengthen KBR's presence in Azerbaijan's energy sector
- Projects support clean energy transition and emissions reduction objectives
- High local workforce utilization (95%) demonstrates strong regional integration
- Continued trust from BP evidenced by follow-on contracts after successful FEED completion
- Project values and financial terms not disclosed
- Execution timeline and project completion dates not specified
HOUSTON, July 15, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that its joint venture with SOCAR, SOCAR-KBR LLC, has been awarded two contracts by BP in Azerbaijan – one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project.
Under the terms of the contracts, SOCAR-KBR will provide detailed engineering design solutions and procurement services for both the projects. SOCAR-KBR previously completed the project FEED for the STEL project, and the pre-FEED and FEED for the SDC project. This additional work reflects BP’s continued confidence in SOCAR-KBR’s delivery excellence.
“KBR has been delivering world-scale energy solutions in the region for over three decades and these projects mark a significant step in Azerbaijan’s clean energy security objectives,” said Jay Ibrahim, President, KBR Sustainable Technology Solutions. “The Sangachal terminal, which was designed by KBR and serves as a vital link between Azerbaijan and the rest of Europe, will enable the country’s transition to national grid supply and reduce emissions. The Shah Deniz compression project marks the next stage in the evolution of delivering safe and efficient solutions.”
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