Phase-1 gaining momentum

The AIOC is reportedly going to embark on Phase-1 of the Full-Field Development of Azeri, Chirag and Gunashli fields in 2001. The pre-qualification tender has already been announced and attended by 13 companies.

Results of the tender will be drawn in a meeting of contenders with the AIOC executives, while final tender bids will be discussed on March 15. In the third quarter, contractors will start Phase-1 operations.*