Baku Shipyard is an integrated shipyard providing shipbuilding, ship repair, conversion and engineering services for the marine and offshore industry around the Caspian Sea. Established in 2011, Baku Shipyard has developed as one of the leading shipyards in the Caspian Sea region, providing both quality and value. Our main activity consists of the construction/ship repair/conversion of a variety of vessels ranging from offshore support vessels, general cargo vessel, tug boats, crane vessels, specialized vessels and passenger vessels to tankers. With the wide range of specialized offshore and commercial vessels in our portfolio we focus on the best way of construction and repair services by ensuring high level of customer satisfaction.
To be the provider of world class shipbuilding and ship repair services and facilities in the
Caspian region, focusing on customer satisfaction and profitability for our stakeholders and
maximizing local content in all facets of our business.
About Keppel O&M
Keppel O&M, a wholly owned subsidiary of Keppel Corporation Limited, is a leader in offshore rig design, construction and repair, ship repair and conversion and specialised shipbuilding. Keppel O&M’s Near Market, Near Customer strategy is bolstered by a global network of 20 yards and offices in the Asia Pacific, Gulf of Mexico, Brazil, the Caspian Sea, Middle East and the North Sea regions. Integrating the experience and expertise of its yards worldwide, the group aims to be the provider of choice and partner for solutions for the offshore and marine industry.
Keppel O&M’s presence in Azerbaijan started with Caspian Shipyard Company (CSC), which was established in 1997 through a landmark partnership between Keppel FELS, a wholly-owned subsidiary of Keppel O&M, and the State Oil Company of Azerbaijan Republic (SOCAR). CSC is the most established yard in the country and has a track record of completing rigs for the Caspian Sea, having delivered the first semisubmersible (Maersk Contractors’ Heydar Aliyev), jackup rig (Transocean’s Gurtulush) and ice-class Floating Storage and Offloading vessel (LUKOIL’s Yuri Korchargin) built in-country.
SOCAR, the State Oil Company of Azerbaijan Republic, is one of the world’s leading companies in the hydrocarbon industry today. The company’s activities comprise the complete value chain from search, exploration and drilling of oil and gas fields in Azerbaijan over processing, refinery and production to transportation, delivery and selling of the products to domestic and foreign markets.
Azerbaijan Investment Company OJSC (AIC) is a state-owned joint-stock company established by the Edict of the President of Azerbaijan in 2006. The purpose of the Company’s investment activity is to ensure long term investment by acquiring shares in the charter capital of joint-stock companies and other commercial enterprises operating in the non-oil sector of the national economy.
To be an Azerbaijani national icon in the marine and offshore industry.