Azeri Shah Deniz giant offshore field is set to near its plateau gas production goal by starting up the East South deep-water flank, project leader BP said on Tuesday.The giant Shah Deniz gas project in the Caspian sea, split into two phases…
Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast…
The Caspian region – home to 6 million barrels of oil equivalent per day of liquids and gas production – has been near the forefront of the global energy sector since the 19th century. It is core to most of the majors and has a resource base that should be primed for longevity…
Oilfield services firm Petrofac, in a joint venture with Azerbaijan's SOCAR, has won a contract to support BP's Azeri Central East (ACE) project, in the Caspian Sea, offshore Azerbaijan.Under the contract valued at about $25 million, the Petrofac…
Russian oil company Lukoil has agreed to acquire a stake in an offshore block in the Kazakh sector of the Black Sea.Lukoil's president Vagit Alekperov and Chairman of Kazakhstan's 'KazMunayGas' Alik Aidarbayev last Friday signed a sale and purchase deal for a 49…
Azerbaijan has started commercial natural gas supplies to Europe via the Trans Adriatic Pipeline (TAP), the energy ministry said on Thursday, beginning its push into the lucrative energy market dominated by Russia.The project has the backing…
Russian oil giant Lukoil said Tuesday its cumulative production of oil had exceeded 35 million tonnes at its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.'Lukoil carried on with these projects in 2020. In particular…
Trans Global Projects Group (TGP) has said it has completed the delivery of an 'oversized' oil derrick to the Caspian region. Under a contract with an unnamed oilfield equipment provider, TGP was in charge of transporting the oil derrick from Constanta…
The Trans Adriatic Pipeline (TAP), a European leg of a pipeline carrying gas from the Azeri section of the Caspian Sea, and crossing Greece, Albania, the Adriatic Sea, and Italy, has started commercial operations. TAP is the European part of the Southern Gas Corridor…
Houston-based engineering giant KBR has said that its joint venture with the Azeri oil firm SOCAR, which is working on the engineering design phase of the Azeri Central East (ACE) platform, is now nearing completion of its workscope.The $6 billion…
Engineering services giant Emerson has won a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oilfield…
Russian oil company Lukoil has launched the second phase of the development drilling campaign at the Vladimir Filanovsky field in the Caspian Sea.The drilling at the Offshore Ice-Resistant Fixed Complex 2 (OIRFC 2) at the large Caspian Sea oil…
Subsea cable supplier JDR has won a contract with BP to manufacture and supply a 5.5km 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical, for a platform project, offshore Azerbaijan.The 33 kV fiber optic power…
Azeri state energy company SOCAR said on Tuesday the country's oil and gas infrastructure was safe thanks to measures taken by the army over military conflict in the region of Nagorno-Karabakh.The worst spate of fighting between Armenia and…
Russian oil company Lukoil said Tuesday it had installed the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea. Ahead of being shipped to the offshore location, the 3,700+ tonnes heavy jackets were moved…
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