Chirag (Azerbaijani: Çıraq) is an offshore oil field in the Caspian Sea, located 120 km (75 mi) east of Baku, Azerbaijan, and is a part of the larger Azeri-Chirag-Guneshli (ACG) project.
The project involved investment of $200 million from big financial institutions such as World Bank's IFC and the EBRD[1] and included development of part of the Chirag oil field, namely refurbishment of an existing Chirag 1 platform, construction of new subsea pipelines, drilling of development and water injection wells; construction of Sangachal Terminal; construction of oil export terminal in Supsa, Georgia and completion of export pipelines and facilities in Azerbaijan and Georgia [2] The subsidiary of Amoco – Amoco Caspian Sea Petroleum Ltd was the operator for EOP.
[2] Chirag 1 facilities include: In March 2009, KBR was awarded a contract by BP on behalf of Azerbaijan International Operating Company to provide front-end engineering and design (FEED) and procurement services for the Chirag drilling platform.
This is considered to be an expansion of ACG field development and is also known as Chirag Oil Project.
Construction will be conducted by Baku Deepwater Jacket Factory named after Heydar Aliyev.