"This is a routine, planned program and is part of normal operations. The planning for the program started in early 2014 and these activities are included in the annual work program and budget. The shut-down is also included in the annual production forecast," BP said.
Production from the Central Azeri, East Azeri, Chirag, Deepwater Gunashli, West Chirag and Shah Deniz, as well as export operations via BTC, SCP and WREP will continue as normal. The Sangachal Terminal will continue to operate. Loadings at Ceyhan will also continue in accordance with the lifting schedule, according to BP.
"These planned events deliver routine inspection, maintenance and project delivery activities. They are a necessary part of the long term safety, reliability, integrity, environmental and production performance, driven by repair and facility modification work that can only be performed during a plant outage," BP said.
The contract for development of ACG field was signed in 1994. The proven oil reserve of the block nears 1 billion metric tons.
The shareholders of the project are: BP (operator in the Azeri-Chirag-Guneshli) - 35.78 percent, Chevron - 11.27 percent, Inpex - 10.96 percent, AzACG - 11.65 percent, Statoil - 8.56 percent, Exxon - 8 percent, TPAO - 6.75 percent, Itocu - 4.3 percent and ONGC - 2.72 percent.
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