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Exploration drilling works to be launched at Shallow Water Absheron next year

Exploration drilling works are planned to begin at Shallow Water Absheron next year. Report informs, Vice President for Communications, External Affairs, Strategy & Region at BP-Azerbaijan Bakhtiyar Aslanbayli…

Shah Deniz – 2 phase 99% completed

BP said it achieved its strongest quarterly underlying result since the oil price crash of 2014, and said its Shah Deniz ph2 project is almost…

SDL Nobel signs new contract with BP

SDL Nobel signed a new 3-year contract with BP. Within the framework of this contract, SDL Nobel will render fabrication and site installation services for…

SOCAR, BP ink PSA for Azerbaijan exploration

SOCAR and BP have signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin…

SOCAR published drilling, production and export figures for the first quarter of 2018

The Azerbaijan oil and gas production increased by 2.4% and 5.2% respectively in the first three months of the year. Positive dynamics in SOCAR’s production…

BP to develop second phase of giant Khazzan gas field

BP plc announced Monday that, together with its partner Oman Oil Company Exploration & Production, it has approved the development of Ghazeer, the second phase…

Greek section of TAP pipeline to be completed in November

“The construction of the Greek section of the TAP gas pipeline, 550 km long, from the Evros Gardens to the Greek-Albanian border, in Kristalopigi, Kastoria,…

Baku will host International Caspian Oil & Gas Exhibition and Conference

The International Caspian Oil & Gas Exhibition and Conference, the largest energy event in the Caspian region, marks its 25th anniversary this year.  The exhibition will…

93% of TAP route in Greece and Albania cleared

93% of route of Trans Adriatic Pipeline (TAP), which will transport Azerbaijani gas to Europe, in Greece and Albania, was cleared. Report informs citing the…

BP licenses its latest generation PTA technology in Turkey

BP and SOCAR TURKEY ENERJI A.Ş (SOCAR Turkey) have entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. SOCAR Turkey…

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