Lighthouse Azerbaijan Branch has signed a 4-year extension of the existing frame agreement with Saipem.
The two companies have signed a new revision of the existing frame agreement, which concerns survey and positioning support activities, extending its term until 2022.
The survey activities Lighthouse is going to provide will fall under the project Shah Deniz – Stage 2, where Saipem and its consortium partners Bos-Shelf and Star Gulf have been recently awarded with the call-off 007 master agreement by BP, on behalf of the Shah Deniz partnership.
Enrico Sassi, Lighthouse general manager, said: “We are pleased to have secured a new extension of the frame agreement with Saipem in Baku. Lighthouse is operating as survey provider in Azerbaijan since the 2012 and I can’t hide my pride for the reliability and the reputation built during these years.
“The extension of this agreement underlines one more time that we are making a good job, providing the customer with the very best service and tailor-made solution. To be part of one of the biggest Oil&Gas worldwide project give us the opportunity to put our expertise and latest technologies at Shah Deniz 2 Project’s disposal.”