MOSCOW - Lukoil-Niznyevolzhskneft LLC, a wholly owned subsidiary of Russian oil major Lukoil, and the company Bumi Armada Caspian, a subdivision of the Malaysian outfit Bumi Armada Berhard, have signed a contract for building underwater pipelines for the Vladimir Filanovskoye deposit in the northern Caspian Sea.
Lukoil said the contract involves laying an oil pipeline and gas pipeline across the seafloor linking the Filanovskoye and Korchagin deposits. Each will run around forty kilometers.
They are to be protected with bracelet anodes, three-layer insulation of extruded polypropylene, and cement ballast coverage.
At the riser block of the Filanovskoye deposit Bumi Armada will also lay seven starting sections of field pipeline of one km each, that can be used for building up the deposit.
The completion of the first stage of pipeline construction is planned for the end of 2014 and the second the following summer. The Filanovskoye deposit project involves the laying of more than 330 km of underwater and 350 km of onshore pipelines.
Filanovskoye deposit C1+C2 oil reserves amount to 153.1 million tonnes and C1+C2 gas reserves of 32.2 billion cubic meters. The plan is that it will be put into production at the end of 2015.
