Abu Dhabi-based Masdar has signed agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession…
Oil output at the BP-led Azeri–Chirag–Gunashli project in Azerbaijan amounted to 5 million tonnes in the first quarter of 2022, BP BP.L said on Thursday.BP also said the Shah Deniz field produced more than 6 billion standard cubic meters (bscm)…
Iran, Turkmenistan, and Azerbaijan have signed a gas swap deal for up to 2 billion cubic meters (bcm) per year, Iranian state news agency IRNA reported on Sunday.Under the swap deal, Iran will receive gas from Turkmenistan and deliver an equivalent amount to Azerbaijan at the Astara border…
Azerbaijan has signed a new deal with Turkey to supply gas from its giant offshore Shah Deniz I field, Azerbaijan's energy minister Parviz Shahbazov told Reuters on Thursday.Azerbaijan halted gas supplies from Shah Deniz I to Turkey in April after the contract expired…
Russian oil and gas company Lukoil has agreed to acquire a 15.5% stake in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas.Lukoil said the value of the transaction was $2.25 billion, with the completion is subject to certain conditions precedent…
Russian oil firm Lukoil has agreed to acquire a stake in a BP-operated offshore project in the Azerbaijan part of the Caspian Sea.Lukoil will take a 25% stake from BP, which will retain a 25% stake and remain the operator of the project called…
British oil company BP will suspend its Chirag platform in Azerbaijan on Sept. 23 for planned maintenance that will last for 25 days, BP Azerbaijan said on Thursday.The oil major uses the Chirag platform to produce oil at the Azeri-Chirag-Guneshli (ACG) fields in the Caspian Sea…
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…
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…
Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…
Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.Armenia and Azerbaijan have been involved…
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…
British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables, Bakhtiyar Aslanbayli, BP's vice president for Azerbaijan, Georgia, and Turkey, said.Sources…
A joint venture between Petrofac and the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a contract to provide BP Azerbaijan with international payroll and personnel support services including training services.The five-year contract…
Subscribe
