BP-operated Azerbaijan International Operating Co. (AIOC) has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project. Under the contract, ASX-listed oilfield services firm Worley will provide engineering…
BP said on Thursday that oil output at its projects in Azerbaijan declined slightly last year to 535,000 barrels per day (bpd) or 26 million tonnes for the whole of the year. That was down from 584,000 bpd, or 29 million tonnes, in 2018. Associated…
Russian oil giant Lukoil plans to sign an agreement with Azerbaijan's state energy company SOCAR for two offshore blocks in Azerbaijan, the Interfax news agency reported on Wednesday. CEO Vagit Alekperov told reporters in Davos that the two firms are discussing a number of projects…
British oil major BP has spudded the first exploration well at the Shafag-Asiman block in the Caspian Sea, offshore Azerbaijan.The drilling operation at BP's 50% percent operated offshore block started on Monday, January 13. Azerbaijan's national oil company Socar holds the remaining 50% share…
British oil major BP plans to close down two of its oil and gas platforms in Azerbaijan for planned maintenance, BP's regional vice president told Reuters on Wednesday.Bakhtiyar Aslanbayli, BP's vice president for Azerbaijan, Georgia and Turkey…
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a Project Management Services contract to support BP’s operations in Azerbaijan and Georgia.The three-year contract will support…
BP said on Friday it would shut down its West Chirag platform in Azerbaijan for 15 days starting on Oct. 15 for planned maintenance.'In accordance with the plan, production from the West Chirag platform will be suspended on 15 October for about 15 days to enable efficient maintenance…
Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.Saipem has been a key contractor in this field since the 1990s…
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an engineering and technical services contract to support Total and SOCAR’s exploration and production activities in Azerbaijan, the UK Services company announced on Monday…
Azerbaijan Caspian Shipping Company (ASCO), the largest and oldest shipping company on the Caspian sea, informed that works on laying pipes in the Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea are under way.“Aura”…
The Satti floating drilling unit owned by Kazmortransflot National Maritime Shipping Company of Kazakhstan has been delivered to Azerbaijan.Baku hosted an official ceremony of receiving the Kazakhstani self-elevating floating drilling rig, said a press release…
The British multinational oil and gas company BP and its partners will lead a $6 billion development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oil-field complex offshore Azerbaijan.The supermajor said that the Azeri Central East (ACE)…
The offshore energy logistics company Topaz Energy and Marine announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) in Azerbaijan.According to a press…
Independent global completions service company Tendeka has appointed Nizami Musayev as a new Area Manager in Russia as the company aims to grow its presence in the region.He will be responsible for introducing Tendeka’s existing portfolio and new technology such as Cascade3…
Oil output at the BP-led Azeri-Chirag-Guneshli oilfields in Azerbaijan totalled 588,000 barrels per day in the January to September period, BP-Azerbaijan said on Wednesday.(Reporting by Nailia Bagirova; Writing by Margarita Antidze; Editing by Jan Harvey)