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Tag: BP

SOCAR and BP May Sign Production Sharing Agreement in Uzbekistan

SOCAR and BP may sign a Production Sharing Agreement (PSA) on investment blocks in Uzbekistan, the press service of the Uzbek Ministry of Energy reports….

Oil Production from ACG to Be 187 Million Barrels in 2020

Oil production from the block of Azeri-Chirag-Gunashli (ACG) fields will amount to 186.7 million barrels in 2020, the Accounts Chamber concluded on the budget of…

BP could sell some oil projects to meet climate targets

BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign…

BP Wants to Enter TANAP Operating Company

British Petroleum (BP) has applied to participate in the operating company for the Trans-Anatolian gas pipeline (TANAP), TASS reports. “Two project partners, the State Oil…

Azerbaijan Sharply Increases Gas Exports to Turkey Thanks to Shah-Deniz

Azerbaijan in January 2019 exported 808.36 million cubic meters of gas produced from the Shah-Deniz field to Turkey, which is 36.1% higher than the figure…

BP: Oil demand in 2040 to range from 80 Mb/d to 130 Mb/d

Oil will continue to play a significant role in the global energy system in 2040, with the level of oil demand in 2040 ranging from…

Uzbekistan Offers SOCAR and BP Joint Geological Study of Three Blocks

Uzbekistan offers SOCAR, in partnership with BP, to explore the possibility of joint exploration of three investment blocks of the Ustyurt region, the press service…

Trenching complete on 97% of TAP route in Greece, Albania

Trenching is now complete on around 97 percent of the Trans Adriatic Pipeline’s (TAP) route in Greece and Albania, said a message from TAP AG…

TAP construction in Italy suspended

“The construction of the Trans Adriatic Pipeline (TAP) has been suspended in Italy,” said head of communications at TAP AG Lisa Givert in her interview…

85% of TAP pipes lowered into ground in Greece and Albania

“85% of pipes (650km+ out of 765km) are now lowered into the ground in Greece and Albania,” the Trans Adriatic Pipeline (TAP) AG company said…

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