The SCV will install subsea structures for the project over 2017-2027 and be designed by the Keppel Offshore & Marine subsidiary Marine Technology Development.
"The vessel will include dynamic positioning to allow for work in 2.5 metres significant wave height, a 750 metric tonne main crane for 60m-deep subsea operation, an 18-men two-bell diving system, two work-class remotely operated vehicles, a strengthened moon pool, two engine rooms with 6 x 4.4MegaWatt + 2 x 3.2MW engines and a deadweight of 5000 metric tonnes at 6.5 metres draft," Keppel said.
BP regional president for Azerbaijan, Georgia and Turkey Gordon Birrell said the "flagship vessel for the Caspian" would provide essential construction support.
"Clearly, the contract underpins our plans to deploy for the first time new advanced subsea production technology in the Caspian as part of the Shah Deniz Stage 2 development," he said.
The Baku Shipyard officially opened in September and is owned by the State Oil Company of Azerbaijan Republic (65%), Azerbaijan Investment Company (25%) and Keppel (10%).
Keppel said the 62ha yard was capable of building a wide range of specialised ships including platform supply vessels, tankers, subsea vessels and tug boats.