The contract envisages the construction of the platform, drilling module, and service and living sections.
"This will be the sixth platform built by Tekfen İnşaat since it started operating in the country's oil and gas sector in 1992," the statement says.
Tekfen İnşaat is a subsidiary of Tekfen Holding.
The Azfen company was established in 1996. The share distribution in the joint venture is as follows: Tekfen İnşaat - 40%, SOCAR - 60%.
The construction of the new drilling and production platform in the ACG block is planned under the "Central-East Azeri" project.
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