LUKOIL has completed installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved over 300 workers, the company informed.
Before shipping to the sea the more than 3,700 tonnes heavy jackets were moved up to the cargo pontoon "Rahman Sharifov" and floated off. The fleet navigated to the offshore installation site via the Volga-Caspian seaway canal for five days.
LUKOIL started construction of the platform jackets in August of 2018. A shipyard in Astrakhan that built and assembled the structure applied a special Russian technology of hull metallization which guarantees long lasting operation of the substructure and prevents corrosion in the North Caspian environment, the statement notes.
The company plans to mount topsides of the accommodation block and the ice resistant platform on the jackets in 2021. The start of production at the field is scheduled for 2022. The field's annual planned production rate is 1.2 million tonnes of oil.
PJSC LUKOIL (tax number: 7708004767) is Russia's second largest oil producer. The largest block of the company's shares is owned by its management. IFRS net profit of LUKOIL for 2019 attributable to the company's shareholders increased by 3.4% to RUB 640.2 billion from RUB 619.2 billion a year earlier. The company's sales revenue for 2019 decreased by 2.4% year-on-year to RUB 7.841 trillion from RUB 8.036 trillion.